Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Magpie IPO Date Change?
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Hi Lar,

Good points. Yes, listing takes time.. first we need assays, then a resource study can be compiled (btw. I can't see how this could be done concurrently).

However, I think your two greatest concerns (> 200 shareholders and 20% in possession of public), if not met by just doing the IPO, would in my view be easily met by spinning of a part of the Magpie shares to FNC shareholders, as planned.

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