MAG 0.00% 6.6¢ magmatic resources limited

If they didn't begin discussions to try and get funding from an...

  1. 1,793 Posts.
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    If they didn't begin discussions to try and get funding from an external investor then they sure are taking a long time to organise a standard cap raise.
    if they can't reach a deal very very soon then they will be forced to do a standard cap raise anyways. Conditions deteriorating fairly rapidly here with zero catalysts for a turn around before a cap raise. They completely lose face is they can't make a deal and simply do a cap raise, all theyve done by not doing a cap raise months ago is cost time and money.
 
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