They had been flagging this sale for months, it was mentioned in at least a couple announcements that I recall, so no surprises here. I just find the wording of clause A and B of the consideration a bit odd in that they appear to say the exact same thing, also the consideration seems to be quite small and there’s no upfront cash payment; so other than the shares in the buyer, Magnum only get paid if any production happens. I know very little about the Gravelotte project to understand it’s worth, maybe longer term holders here do though.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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8 | 1672886 | 0.013 |
15 | 1778748 | 0.012 |
8 | 4469061 | 0.011 |
3 | 401000 | 0.010 |
Price($) | Vol. | No. |
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0.016 | 2089565 | 6 |
0.017 | 209745 | 3 |
0.019 | 6668 | 1 |
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