Yeah 13c av. for me with the OA's ...so need 20c+ ... pretty keen to double that OA holding with head shares 11c looks good .. that will give me 320-330k ords (once exercised OA's) with av cost 15.5c >>>
If anyone thinks MAG is expensive just go have a look at the likes of CHK which has around same Cap + cash Holdings ...but nowhere near the assets or Mgmt Team ...
Ann: Magmatic raises $5m for drilling Copper-Gold targets, page-49
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