MAG magmatic resources limited

Ann: MAG to re-focus on East Lachlan Assets, page-3

  1. 5,989 Posts.
    lightbulb Created with Sketch. 8821
    All I can say is ###@@$$&*.

    Was happy to hold through the spin out/de-merger as those projects are gold (and copper ) but obviously so much better that they're not de-merging and that they're going to put ALL their efforts now into these prized projects.

    Per the ann:

    "re-focus ALL of Company’s efforts on its East Lachlan PROJECTS"

    "most significant ground positions of any listed explorer"

    Should be fireworks on Monday.

    First target is a Market Cap higher than AQX as our projects are a lot more prospective:

    MAG MC: $8M
    AQX MC: $38M


    Should be a good Monday, week, and onwards from there for MAG as it catches up with AQX and then runs its own race.

    Cheers,

    GB.






    01 MAG no demerger.jpg
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.1¢
Change
-0.001(1.92%)
Mkt cap ! $22.55M
Open High Low Value Volume
5.3¢ 5.3¢ 4.7¢ $44.72K 907.2K

Buyers (Bids)

No. Vol. Price($)
3 368333 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 23136 1
View Market Depth
Last trade - 16.10pm 23/07/2025 (20 minute delay) ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.