MAG 4.55% 10.5¢ magmatic resources limited

Yep, if they aren't interested in buying at these prices on a...

  1. 1,761 Posts.
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    Yep, if they aren't interested in buying at these prices on a 400k a year salary then why should anyone buy.
    We are now looking at raising capital at 3c if they choose to raise on market. There is no way to spin it, that is a comprehensive failure of strategy. No other aspect of management can be defended if the share price has performed so dismally.
    quarterly due soon, its going to have one small drill campaign and Adams theory, which technically is outside the quarterly. Let's see what their capital position is.
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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