MAG 0.00% 6.4¢ magmatic resources limited

Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-15

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  1. 1,307 Posts.
    lightbulb Created with Sketch. 207
    Also, no fees incurred as there were no lead brokers (check).

    Probably still have $300~500K in the kitty as well since there has been no drilling recently and a 50% reduction in directors fees.

    10% operators fee received by MAG for exploration work on behalf of FMG.

    Now, let's see the drilling plan for all three projects ASAP.
    Last edited by knaomi: 08/03/24
 
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