Migao Rises on Supply Prepayment Refund

Potash Investing

Reuters reported that Migao’s (TSE:MGO) announcement of a potash payment refund boosted share prices by 10%.

Reuters reported that Migao’s (TSX:MGO) announcement of a potash payment refund boosted share prices by 10%.

The market news is quoted as saying:

The supply agreement will go ahead without a prepayment, Migao said in a release after market close on Thursday. The first $30 million has already been refunded, and further payments are scheduled for October and December.

To read the full market news, click here.

The Conversation (0)
×