MAG 1.69% 5.8¢ magmatic resources limited

Ann: Quarterly Cashflow Report (Appendix 5B) - December 2023, page-23

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    Just to add, I think management have been a tad unlucky. They had a decent drilling campaign, got some okay results that could warrant further drilling but, unfortunately, we couldn’t quite find the big prize hit that could have helped send the share price north. Then you got the challenging market for small caps and quite a number of spec stocks have been struggling big time. It’s just the way things go sometimes.
 
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