We will see Arsenic, I actually feel on balance, MM8 may get close to levitating considering the deal they secured with IGO is basically at a fixed price, yet gold is flying (plus to a less extent the other metals). $15m is a pittance for what IGO is selling. As the article shared on the ALK thread discussed, the acquisition has a huge amount of 'torque', with most of the heavy work that holds projects up, already bedded down.
The small discount shows just how much demand there is for MM8 script. This bodes incredibly well for later on, when as you say, more capital is going to be needed. Having ALK and Lion on board now makes for a very interesting combination, which I think will heavily benefit all 3 stakeholders.
I think MM8 has all the hall marks of POL and LRV, yet for now continues to go relatively unnoticed.
When I look at what Mi6 is spending... then look at MM8, I know what is the better deal.
Good luck to all holders.
MM8 Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)