PodcastValue Hive PodcastOctober 9, 2026
[REPLAY] Jason Jessup (Pt. 2): Thinking Bigger Than FNX Mining
Magna Mining's CEO is targeting a multi-mine, Teck-scale Sudbury company, citing a new high-grade R2 discovery and low-capex restarts as catalysts.
- Vision upgraded: Jessup no longer targets FNX Mining ($0.25$35) as the ceiling — he now cites Teck Resources as a benchmark and envisions four-to-five producing mines in four-to-five years.
- McCready West focus paid off: 2025 was spent optimizing the restarted mine (full owned workforce, 200+ employees vs. 25 a year ago) ahead of 2026 cash flow generation.
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