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11.5% 5.8¢ magmatic resources limited

Ann: Quarterly Cashflow Report (Appendix 5B) - December 2023, page-24

  1. DNEWMAN
    743 Posts.
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    05/02/24
    23:12
    Post #: 72251704
    I still firmly believe MAG were in negotiations with partners.

    Big question for me, is why did the partner settle with their spin off AGC ?

    Better grounds or prospects ?
    Better management team (non shared) ?

    Time will tell. Safe play is to hedge against both. Still a buyer of MAG at these levels, though accumulating same with AGC.
    MAG Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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