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MAG - Magmatic Resources News Story

A$0.096 0.0  1.1%

Last Trade - 12:54am

Sector
Basic Materials
Size
Micro Cap
Market Cap £11.2m
Enterprise Value £7.97m
Revenue £3.41m
Position in Universe 1532nd / 1957

BRIEF-Magmatic Resources Responds To Appendix 5B Query

Wed 7th August, 2019 9:55am
Aug 7 (Reuters) - Magmatic Resources Ltd  MAG.AX :
    * RESPONDS TO APPENDIX 5B QUERY
    * CONFIRMS PRIMARY BUSINESS IS RESOURCE EXPLORATION AND
DEVELOPMENT, AND NOT CURRENTLY HAVING PROJECT GENERATING
POSITIVE CASHFLOW
    * COMPANY WILL CONTINUE TO HAVE NEGATIVE OPERATING CASH
FLOWS FOR
FORESEEABLE FUTURE

Source text for Eikon:  ID:nASX3370CP 
Further company coverage:  MAG.AX 

 ((Reuters.Briefs@thomsonreuters.com;))
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