MAG 0.00% 6.6¢ magmatic resources limited

Ann: High grade copper intersected west of Corvette, page-91

  1. 825 Posts.
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    They wouldn't finance at these levels, that would be suicide. They only have two options, stay dormate until better market conditions which is a valid strategy as capital is very expensive right now. Or they could negotiate a joint venture with a capitalized entity. I suspect the latter as it seems they are in blackout and a negotiation of the sort is material and requires discretion.
    Last edited by Luca21: 20/01/24
 
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