MAU magnetic resources nl

Ann: Investor Presentation, page-9

  1. 1,558 Posts.
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    As soon as they do a JORC they are in play. They are just building that number with drilling.

    The company has basically admitted it is for sale hence the appointment of Jeffries.

    Mining is a game of patience and it would appear they have never planned to develop the mine hence the continual drilling program to build the JORC before opening it up for 'sale'.
 
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