Not much of a battle imo.
Read the last bullet point in that ann. Magna have restrictions on selling, including no short selling.
Imo between now and end November we are going to have the results of the latest drilling at Morningstar which should also tell us of their decision to go ahead with trial mining.
If,as their geological model proposes that the Stacpoole reef begins adjacent to the adit entrance, then expect them to announce they will drive a decline into the mine. As the decline will be hitting payable gold from the first metres.
Only have to look at how ctl, the owners of the operating A1 mine down the road from Morningstar, are achieveing profitability from ore that is grading just 6g/t.
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