Come on .................... MAG could have raised money from...

Come on .................... MAG could have raised money from sources other than their "mates" in the spring of 2023 at circa 6 cents............................ and higher prior to that time frame.

Reminiscent of Impact Minerals and the Lifestyle Mentality of Explorers of other (read most) Explorers.

I worked for a Stock Broker some 20 years ago and said to a Geologist that he should put a good Glossary of Terms on every ASX announcement.

He said to me: "What for?"

I replied that there are lots of very wealthy old blokes that left school at 15 made a pile of money but do not understand the language being used in geological reports and so are not confident to invest.

This is back in the period when an average ASX order for a specy stock was $500.

He just scoffed at the suggestion that a Pleb should need to know anything.

Anyway some time later Order sizes increased to $2,000 $5,000 $40,000 ...... we all know the story.

That Geologist went exploring in France ........................ France? The epitome of Lifestyle Exploration.

It's a damn shame 90% of people doing Geology at Uni don't piss off and do Dentistry or something else.

MAG has been asleep on the Capital Raising wheel.


I never understand why most people cheer when something is given away.