anything less than $6m would be poor decision. we all wished SP was higher but wasn't to be. Adam certainly hoped with the next few holes to hit strong mineralisation at depth which would have sent SP above 30c and then do CR but did not play out that way.
It is easy to say they don't need money yet but if MAG does not hit higher grades then SP will start to drift into single digit and CR becomes even more expensive.
Let's hope they do make a proper discovery with the funds they will have after the CR.
People need to take in consideration MAG plans to do more drilling around Boda as well.
Ann: Trading Halt, page-13
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
6.3¢ |
Change
-0.004(5.97%) |
Mkt cap ! $26.27M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.3¢ | $16.77K | 262.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 198549 | 1 |
View Market Depth
| Last trade - 13.03pm 27/09/2024 (20 minute delay) ? |
| MAG (ASX) Chart |