I agree Autosime that a re-rate based upon a solid new project is a high probability. But, what if there really is no 'worthy' acquisition in focus? A global slowdown will put any IO projects back a few years. And it's entirely possible MGX is simply 'hibernating' pending some clarity around US/China cat spat; tariff restructuring; rare earths investment hurdles in front of Chinese blah blah blah ...
What if they do nothing?
MGX Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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