JDwag , I agree, realistically the sale price should be between £3m - £8m. Will give a good cash boost here for a company with an MC under £10m. Cash is king and this will enable us to pick up some nice bargains in some distressed company mines..as a discovery company we need a nice conveyor belt of projects to keep the cash flowing. Also would not be at all dissapointed if we 'sold' MGA for an interest in an already producting mine...again would give us guaranteed cash flow and put us in a strong position going forward.
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