It is an interesting one, but... I am going to defer to Joels thoughts (will take a proper look at WA8 when I get a quiet night).
Plus... IMHO - GMD will basically just buy this out in perhaps 12-18 months to fill their nearby plant (DCNs old plant).
RF really grates on me, so I am not a fan (though of course, hes making his shareholders rich, which is as far as I will go in regards to my respect for him).
I will also add, that I just don't think sub 100k p.a projects will get finance any more. The risk to the downside is so high, and... limited upside.
Good luck though, hope you make $$.
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- Ann: Outstanding value demonstrated by PFS at Lady Julie Project
MAU
magnetic resources nl
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2.28%
!
$1.29

Ann: Outstanding value demonstrated by PFS at Lady Julie Project, page-8
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Last
$1.29 |
Change
-0.030(2.28%) |
Mkt cap ! $379.4M |
Open | High | Low | Value | Volume |
$1.31 | $1.32 | $1.29 | $338.0K | 260.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10768 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.29 | 24341 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10768 | 1.280 |
4 | 40500 | 1.270 |
3 | 24000 | 1.260 |
1 | 750 | 1.255 |
6 | 30500 | 1.250 |
Price($) | Vol. | No. |
---|---|---|
1.285 | 24341 | 1 |
1.345 | 720 | 1 |
1.350 | 5000 | 1 |
1.360 | 1000 | 1 |
1.370 | 5000 | 1 |
Last trade - 16.10pm 18/09/2025 (20 minute delay) ? |
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MAU (ASX) Chart |