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.
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