Magna still have $500,000 to convert (must think the sp will retrace), they will get 7.5% profits from production of a Maximum 400,000 tonnes per annum. Nearly 100m options at 3c
Not sure about this 200% of the vwap, can anyone enlighten me on this, what are the implications on this part.
At least they can start moving forward anyway.
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- Ann: A$5M Loan Fully Funds Phase Two Wet Plant & Production
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