Will assume $30,000 worth in another 2-3 weeks, then another $30,000 after that
That's not all.
There is another $420,000 coming after this spell. Magna has already given MNQ $70,000 per month since November 2015.
If these gold assets are not acquired or are not within the attention span of the market attention, then i can honestly say it won't be long until this go way lower
Not even a 10% placement at a discount will cover the $500,000 worth to be converted.
A partial or fully underwritten RI should be considered.
MNQ Price at posting:
1.0¢ Sentiment: None Disclosure: Held