MGT 5.00% 28.5¢ magnetite mines limited.

Ive said as much regarding the dilution effect , 120 mil shares...

  1. 1,570 Posts.
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    Ive said as much regarding the dilution effect , 120 mil shares out of 3 billion is nothing. I'm saying for a $160,000,000 company that seems to be in the box seat as far as IO prices and IO grades, folded to accept a $7mil CR , I believe is cheap considering where the IO market is and its possible future potential. The multi billion reference was an exaggerated throw away line to express the former. I got no issues with investing.


 
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