Magnus was around 70c before Tanz regulatory changes started to impact IMO.
Many have said, out of all this, Magnis’ saving grace could be the SEZ.
If Magnis is to be used as a poster child for the governments drive to increase industry, jobs and skills transfer, it makes sense that the SEZ becomes a vehicle to offer regulatory concessions.
Magnis’ professional and ethical management have always tried to do right buy Tanzania. Hopefully this is now paying off.
If Tanz issues for Magnis are cleared up by a good announcement tomorrow, I think we will shoot back up to 70c within days.
After all, many ASX punters still think Magnis is dependent upon Nachu... far from it... but give them what they want tomorrow, and strap in for take off!!!
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:) Magnus was around 70c before Tanz regulatory changes started...
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