MAG 1.67% 6.1¢ magmatic resources limited

Looks like a mates/FMG rates raise (FMG also have a bit of a say...

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    lightbulb Created with Sketch. 8025
    Looks like a mates/FMG rates raise (FMG also have a bit of a say in the Company now you'd think, with a 19.9% holding/biggest holder).

    Not sure why they raised now, before drilling begins, and we'd probably be at 13-14c by now without the raise, as copper is absolutely flying.

    Or we can say that they're good at the geo side (including the AGC discovery) but not so good on the corporate side (raising at wrong times).

    Cheers,

    GB.
 
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