thanks m8. much appreciated. :)i was just doing a quick DD,...

thanks m8. much appreciated.

i was just doing a quick DD, there is definitely something, i was reading the aem.
30.3m M/cap and 173.1mil units on issue. and 94.5mil oppies. there is growth here.
CR raised back in Feb was at .30c for $5mil for east lachlan exploration program.
current cash at hand is at $1mil and its low.. so another cr soonish, maybe?!!

from last nov 2019, these substantial shareholders have increased their holdings:

1. Bilingual software pty ltd; from 27.35% to now 27.45%
2. gold fields aus pty ltd: from 14.11% to now 15.01%
3. Davthea pty ltd: from 9.04% to 10.81%

if cr, then 20% spp should be ideal,
but historically mag likes to goto sophs and institutional, which is good as they are able to convince them to invest - shows confidence.

haha, this a pickle wait for cr or jump in.. however current sp is very very ideal as an entry point.
will take a small position to get started and see how it goes.. and GB thanks for that link and posting on alk.
otherwise i would not be here sniffing .. cheers.

all IMO AND DYOR AND GLTAH