Only problem is that now they are diluted and it gives them a holder with close to 20% which most likely blocks any other interest in them.
The 6 year work program seems way too long for me.
I prefer a deal like OBM or DYM have just done.
Cash for the work already done and a work program paid for by the farminee. That is instead of the big dilution.
I have sold the remainder of my stock in MAG.
Good luck to everyone still holding.
Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-23
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Last
5.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.60M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 294 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 80000 | 1 |
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| Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
| MAG (ASX) Chart |
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