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11.5% 5.8¢ magmatic resources limited

Ann: Assays confirm high grade mineralisation at Corvette, page-170

  1. Antipater_100
    7,810 Posts.
    lightbulb Created with Sketch. 1478
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    30/09/22
    12:36
    Post #: 63963495
    I hope not as I would not like to see him on MAG's board.

    I think it is more like he has liquidity issues and sees ALK as low growth stock so decide to sell this asset over another asset in order to free some cash and borrowing cost rise and there is greater scrutiny on what passes as collateral.
    MAG Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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