Hi All, Keep an eye out on MAG today - should go ballistic. They...

Hi All,

Keep an eye out on MAG today - should go ballistic.

They announced on Friday after market close that they are no longer de-listing their NSW projects next AQX and ALK's recent massive Boda discovery.

Was happy to hold through the spin out/de-merger as MAG's projects are gold (and copper ) but obviously so much better that they're not de-merging and that they're going to put ALL their efforts now into these prized projects.

Per the ann:

"re-focus ALL of Company’s efforts on its East Lachlan PROJECTS"

"most significant ground positions of any listed explorer"

Should be fireworks today.

First target is a Market Cap higher than AQX as MAG's projects are a lot more prospective:

MAG MC: $8M
AQX MC: $38M

Should be a good day, week, and onwards from there for MAG as it catches up with AQX and then runs its own race.

Check out the MAG (& AQX & ALK) threads for all the info, etc.

Cheers,

GB.