If you also value the company based on multiples of 10 times is worth around $2.00. However, China needs to recover Interest rates need to drop Capital Acquisition Important Provide guidance on Koolan Island Dividends to return Market sentiment need to go back into the market - money is on the sidelines - safe bet with fixed interest as opposed to equities. No matter how strong fundamentals are - will not move share price until the above are satisfied.
MGX Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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