Market attracted to Magmatic's Molong move

MAGMATIC Resources’ team recently conducted a non-deal roadshow to get the junior’s story in front of east coast investors, finding many didn’t know anything about the explorer’s prospective prospects in Lachlan Fold Belt, despite its proximity to Alkane Resources’ exciting Boda discovery.

Market attracted to Magmatic's Molong move Market attracted to Magmatic's Molong move Market attracted to Magmatic's Molong move Market attracted to Magmatic's Molong move Market attracted to Magmatic's Molong move

Magmatic wants to get drilling again at Wellington North.

Magmatic was about two weeks shy of demerging its New South Wales assets, having sunk around A$5 million into the ground since its $4 million float, and watched as its share price dwindled from 20c to