Hi ThinkinLoudly
The reports consistently state a "farm in" arrangement at Butchers Track / Tallering Peak.
I interpret a farm in arrangement to be that we are getting the exploration for free in return for giving part of our mining rights over to the explorer.
I suspect that the farm in explorer has an interest in a precious metal, while the reports consistently state our interest is in bulk base metals.
The reports state there has been drilling going on for quite some time, yet have never released any drill results . . . this is possibly because the results are in the hands of our farm in arrangement.
The area around Mullewa is known for both precious metals and bulk base metals.
Hi ThinkinLoudlyThe reports consistently state a "farm in"...
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $485.9M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.8¢ | 40.0¢ | $152.7K | 378.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 240560 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 213074 | 20 |
View Market Depth
| Last trade - 11.01am 25/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |