Ill tell you one thing, It will be a disaster if MAG ends up raising at sub 4 cents.
And if this scenario eventuates, how much money do they plan to raise? $2M, $3M, $4M? And for what purpose? To keep drilling out Corvette?
The only feasible way out the way I see this, is via a JV partnership.
The should have raised big when they could have at 13 cents. They played their cards wrong, thinking they would hit something big and continue to raise at higher SP. This didn't happen and we are in current position.
So much potential. It would be a shame to give this away for a pittance..
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1 | 33062 | 0.065 |
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