Whether Magna was the right decision or not at the time is irrelevant looking back now...something was a mandatory must back then to keep the ship afloat. Either that or raise sub 10c and further dilute the registry.
In light of current oil prices, general all-round sentiment and commodity price capitulation, David has farmed out two of our licenses to a company worth over 100B.
A bloody good effort!!
Now we await the the juicy stuff...if you're reading this DMR...good stuff pal.
- Forums
- ASX - By Stock
- Ann: Receipt of Funds from Tata for Farm-out of Licence Interests
Whether Magna was the right decision or not at the time is...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SL1 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online