MAG magmatic resources limited

Ann: Work program approved for Myall JV with Fortescue, page-6

  1. 5,998 Posts.
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    Bit annoyed that we won't see the deep drilling at Myall for another 6 months or so, and hence get that big discovery opportunity until then, but I guess it's understandable that FMG want to make sure that they have done everything possible to give the drilling the best chance of big success, before they drill it.

    We'll get more news from Myall over the next six months, but not for discovery drilling.

    At least we have our own destiny in our own hands at the other projects, so over to you Adam and the 50+ targets at Wellington North.

    Hopefully Adam can do his magic at those Wellington North targets, like he did at Myall to date, and like AGC has done since he joined over there, and like he did with his previous discoveries in the area (including AMI's Federation).

    $7M cash should be enough for Adam to do his magic at multiple targets.

    Cheers,

    GB.





    MAG - Wellington North - 11-06-24.jpg
 
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