MAG magmatic resources limited

Ann: MAG to re-focus on East Lachlan Assets, page-25

  1. 8,359 Posts.
    lightbulb Created with Sketch. 973
    MAG advised the market this morning that Japan Oils and Gas Metals National Corporation (JOGMEC) has pulled out of the Parkes copper and gold joint venture after spending $2.7 million on advancing the asset over the past three years.

    why would they pull out after spending that much cash

    interesting to see how this plays out
 
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
5.5¢
Change
-0.005(8.33%)
Mkt cap ! $24.32M
Open High Low Value Volume
6.0¢ 6.0¢ 5.4¢ $28.87K 522.2K

Buyers (Bids)

No. Vol. Price($)
2 562272 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 65217 1
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.