sorry baz it actually is 90-100m
because you’re not accounting for the loan that the Saudis are producing. It depends on if you count the loan as value towards the market cap I suppose. Either way, magnum will own 15% of something that’s worth 400m which has a 200m loan attached to it and will produce probably that in profit every year. even at mid range profit magnum would receive anywhere between 50-100m in profits alone from the Saudi plant each year. those figures alter after payback period aswell and plant economics increase aswell over time.
sorry baz it actually is 90-100mbecause you’re not accounting...
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Last
1.4¢ |
Change
-0.002(12.5%) |
Mkt cap ! $11.33M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $53.45K | 3.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1734999 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 1665453 | 4 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
1.4¢ |
Change
-0.002 ( 6.67 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 1396020 | ||
| Last updated 15.46pm 28/05/2024 ? | |||||
| MGU (ASX) Chart |