MAG 7.25% 6.4¢ magmatic resources limited

Only problem is that now they are diluted and it gives them a...

  1. 8,438 Posts.
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    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.
    Last edited by subi1: 08/03/24
 
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