Australia's largest stock trading and investment forum Australia's #1 stock forum

MAG

Click for more information

0.00%

9.5¢ magmatic resources limited

Unfortunately, there has been a lots of Shoulda ,Woulda , over...

First 53 Last

Share
Profile

Follow
dleb

3,859 Posts.

32

15/03/24

16:10

Post #: 72909186
Share

Originally posted by Green Bull ↑

Hopefully a nice Monday morning announcement/update.

~$4M cash is in the bank.

$14M spending on Myall to start any time.

Everything should be ready to go and just need to announce rig booked (unless booked and waiting for some/any confirmation for anything/anyone) and when drilling commencing, etc.

There's no reason for them to be slow as they have a lot of funding now.

They did go pretty hard when they had cash with all those deep holes, and only slowed down when cash started running out.

I think they'll go hard at Myall and FMG will spend more than the minimum $1.5M per year.

Copper price also breaking out.

Gold price around all-time highs.

$80B Major onboard and finally got their crown jewel grounds (Myall).

MAG have plenty of hits already and a starter resource.

Adam has the system figured out.

MAG has actually never looked better?

Cheers,

GB.

Expand

Unfortunately, there has been a lots of Shoulda ,Woulda , over the past 4 years , Adam should put his money where his mouth is ! imo

Last edited by dleb: 15/03/24

MAG Price at posting: 8.0¢ Sentiment: Sell Disclosure: Held
7 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 48 more messages in this thread...

First 53 Last

Add MAG (ASX) to my watchlist

(20min delay)
Last 9.5¢		Change 0.000(0.00%)		Mkt cap ! $36.25M

Open	High	Low	Value	Volume
9.5¢	9.5¢	9.5¢	$8.96K	94.31K

Buyers (Bids)

No.	Vol.	Price($)
1	49863	9.5¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	49863	0.095
2	31000	0.093
3	170869	0.092
9	174371	0.090
2	55000	0.088

Price($)	Vol.	No.
0.096	20000	1
0.097	30750	2
0.098	45400	1
0.099	10000	1
0.100	72750	1

Last trade - 15.44pm 09/05/2024 (20 minute delay)


Last 9.5¢			Change 0.000 ( 1.04 %)
Open	High		Low	Volume
9.5¢	9.5¢		9.5¢	16000
Last updated 12.37pm 09/05/2024 ?

MAG (ASX) Chart