It is an interesting one, but... I am going to defer to Joels thoughts (will take a proper look at WA8 when I get a quiet night).
Plus... IMHO - GMD will basically just buy this out in perhaps 12-18 months to fill their nearby plant (DCNs old plant).
RF really grates on me, so I am not a fan (though of course, hes making his shareholders rich, which is as far as I will go in regards to my respect for him).
I will also add, that I just don't think sub 100k p.a projects will get finance any more. The risk to the downside is so high, and... limited upside.
Good luck though, hope you make $$.
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- Ann: Outstanding value demonstrated by PFS at Lady Julie Project
MAU
magnetic resources nl
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0.35%
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$1.42

Ann: Outstanding value demonstrated by PFS at Lady Julie Project, page-8
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Last
$1.42 |
Change
-0.005(0.35%) |
Mkt cap ! $374.3M |
Open | High | Low | Value | Volume |
$1.42 | $1.43 | $1.38 | $379.9K | 269.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6077 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 21677 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 20143 | 1.395 |
1 | 5000 | 1.390 |
3 | 10232 | 1.380 |
3 | 3667 | 1.375 |
1 | 247 | 1.370 |
Price($) | Vol. | No. |
---|---|---|
1.415 | 11670 | 2 |
1.420 | 9386 | 2 |
1.425 | 457 | 1 |
1.430 | 17369 | 5 |
1.450 | 22964 | 1 |
Last trade - 12.42pm 23/07/2025 (20 minute delay) ? |
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MAU (ASX) Chart |