MAG magmatic resources limited

Might well have been when MAG had no cash and couldn't do much,...

  1. 5,994 Posts.
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    Might well have been when MAG had no cash and couldn't do much, and was waiting on FMG to "save them" (all ended up in a nice AGC discovery).

    But not now, as MAG have a lot of cash, so Adam can do everything he wants, now, and the latest announcement and video interview show that they're doing a lot of work, over all projects at the same time.

    Also, Adam has 10,000,000 options exercisable at 10c (expiring in about 11 months), which are worthless at this SP, and even at 10c, but at 20c+ they're worth quite a bit - so you'd think that would be his main goal to work on and achieve, and get rewarded nicely for it.

    The only thing they're doing wrong is not releasing enough announcements, as they're doing a lot of work but not announcing it all/packaging 3-4 announcements into 1.

    Cheers,

    GB.
    Last edited by Green Bull: 05/07/24
 
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