MAG 1.67% 5.9¢ magmatic resources limited

Ann: Magmatic Resources raises $2.2m, page-29

  1. 5,713 Posts.
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    Team looks to be pushing through and getting on with it.

    Another piece of the puzzle coming together today with the appointment of David Flanagan.

    The guy is a legend and if you have half an hour to read all of his achievements on LinkedIn; it's here: https://au.linkedin.com/in/davidflanagan1

    Out of the lot, his main achievement is taking Atlas Iron (AGO) from an Explorer to an Australian Top 200 Listed Company, shipping 15Mtpa of iron ore.

    David took Atlas from a $9 Million Market Cap to a $2 Billion+ Market Cap.

    “I am excited to be joining the Board of Magmatic at a point in time where it is on the cusp of unlocking the value of its dominant position in the East Lachlan".

    Welcome aboard David; we'll be happy with even half the Market Cap highs that AGO reached.

    Cheers,

    GB.





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