MAG 4.55% 10.5¢ magmatic resources limited

Ann: Targets Defined Beneath 230,000 Oz Historic Goldfield, page-104

  1. 5,662 Posts.
    lightbulb Created with Sketch. 7906
    Yeah, great top up price here - but people should be topping up at 20c now, not 10c.

    Anyway, 10c or 20c doesn't make a difference to me as I'm just holding and not trading it, but frustrating that anyone can just jump in now at 10c, with an EV of $17M with $8M cash, after they've spent $30M+ just on exploration between themselves and Gold Fields - without going into any other value factors.

    GB.
 
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