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4.55%

10.5¢ magmatic resources limited

Couldn't agree more.What a painful journey but still holding.

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ChinaDragon

3,781 Posts.

480

06/12/23

09:17

Post #: 71293918
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Originally posted by Antipater_100: ↑

mixed feelings.

all promising, all warrant follow up drilling but none a breakthrough hole. and this is what I thought will happen.

In essence these results are a success (how I see them) but because there is no discovery hole, the market will be very harsh.

CR will be done at very low price. If they have JV offers that are half decent (cash component to be part of the deal) then they should do it.
Be good if SP does not fall below 5c and be great if it stays above 6c.

good luck all.

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Couldn't agree more.
What a painful journey but still holding.

MAG Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
13 Upvote

0 Great analysis

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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $40.07M

Open	High	Low	Value	Volume
10.5¢	10.5¢	10.5¢	$6.036K	57.48K

Buyers (Bids)

No.	Vol.	Price($)
2	27500	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	50910	2

View Market Depth

No.	Vol.	Price($)
2	27500	0.100
1	10000	0.099
2	70000	0.098
1	20000	0.097
1	9800	0.096

Price($)	Vol.	No.
0.105	50910	2
0.110	131553	5
0.115	4750	1
0.120	87650	3
0.125	274320	4

Last trade - 13.20pm 03/05/2024 (20 minute delay)

MAG (ASX) Chart