here is a simple scenario. If MGX were to sell their tenements (or give them away) then they would still have KOOLAN (wouldn't sell that) and the insurance money that is bound to come. Question now is...HOW MUCH?
After sale of all tenements save Koolan...as IO is NOT going back up in price for some time.....where does that put MGX? I would say in a driver's seat...
Value Opportunity, page-11
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Last
31.3¢ |
Change
-0.008(2.34%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 31.0¢ | $51.07K | 162.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 303570 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 50458 | 13 |
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| Last trade - 12.27pm 04/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
