Trying to remember what happened to MGX in similar circumstances a year or so ago re some options?
From memory the options just missed out converting but someone may remember better than I. It flirted with the conversion price getting people burnt on the options but I'm sure it finally didn't make it?
Looking back to the Chairmans address last year (Sept Oct?) he forecasts a resource upgrade for January. Not much of January left is there and lots of chance the upgrade will be substantial as will price projections quite likely. Would be quite handy for them if it came out shortly don't you think?
Please note, all the above is thinking out loud and definitely NOT a recommendation. I do like the look of this long term though.
Cheers,
AZR Price at posting:
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