So Mag has a 43-101 with 32,000,000 tones of reserve. They have spent 100,000,000 on developement to this stage. The reserves alone @ production are worth 16 billion. So if you use gold exploration companies that have gold reserve in the ground that producers pay 1/10 of the worth, then we are looking at 1.6 billion. 50% is 800,000,000 plus another 50,000,000 for work already done.
Mag must realize the value they hold? Anything less than 425,000,000 million is a complete steal on Complants behave.
As usual i am probably not seeing this in the reality of my investment.
CHIP OFF THE OLD BLOCK!!!!!!!!!