MAU 0.77% $1.31 magnetic resources nl

in pre may shed some llight to rapid rise, page-33

  1. 3,851 Posts.
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    certainly not DSO at that depth or grade.........you'd think they would have selected the best area to drill first. Reminds me of TRH a couple of years back ramped to the sky on excellent chip results but a flop on the drill results. At least there are still huge areas of prospective targets to aim at. Magnetite requires massive capex investment unless DSO crystalline but very little of that around.
 
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