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Ann: Magmatic Secures Strategic Gold Project in WA Goldfields, page-9

  1. knaomi
    1,629 Posts.
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    16/06/25
    13:42
    Post #: 79448887
    @Green Bull
    Agreed.

    Also, mentioned in the the RIU presentation -

    2min 55sec
    ...we've got two tier one potential projects which we know we'll need partners to further develop them but we've also got like a junior explorer project called Parkes.

    If they pull in a JV partner for Wellington North so they can focus on Parkes and this new acquisition then we'd be very well placed for a discovery and SP rerate. However, have they done enough work on Wellington North to warrant someone coming in with a decent offer?
    Last edited by knaomi: 16/06/25
    MAG Price at posting: 4.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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