MAG 6.25% 8.5¢ magmatic resources limited

Ann: High grade copper intersected west of Corvette, page-2

  1. 7,561 Posts.
    lightbulb Created with Sketch. 1425
    mixed feelings.

    all promising, all warrant follow up drilling but none a breakthrough hole. and this is what I thought will happen.

    In essence these results are a success (how I see them) but because there is no discovery hole, the market will be very harsh.

    CR will be done at very low price. If they have JV offers that are half decent (cash component to be part of the deal) then they should do it.
    Be good if SP does not fall below 5c and be great if it stays above 6c.

    good luck all.
 
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
8.5¢
Change
0.005(6.25%)
Mkt cap ! $35.44M
Open High Low Value Volume
8.1¢ 8.5¢ 8.1¢ $12.58K 152.0K

Buyers (Bids)

No. Vol. Price($)
1 50000 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 23916 1
View Market Depth
Last trade - 16.10pm 03/06/2024 (20 minute delay) ?
Last
8.2¢
  Change
0.005 ( 2.50 %)
Open High Low Volume
8.3¢ 8.4¢ 8.2¢ 107752
Last updated 14.56pm 03/06/2024 ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.