MGU
Click for more information
0.00% 1.5¢ magnum mining and exploration limited

Ann: Anglo American Agreement, page-22

  1. stephenc678
    243 Posts.
    lightbulb Created with Sketch. 127
    clock Created with Sketch.
    13/08/21
    10:50
    Post #: 55260443
    Will be on a case by case basis of course but generally speaking the whole idea of an offtake is to lock in a price in advance of going into production. Some capacity can be left aside for spot price sales. It’s the only way projects like this can get off the ground, having guaranteed revenues. The company was very clear it was a prepaid agreement for supply of up to 800,000 tonnes which I agree is only relatively small.
    MGU Price at posting: 11.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AML Cultural heritage agreement puts Walford Creek exploration back on the map
right-arrow Created with Sketch.
TLG Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project
right-arrow Created with Sketch.
NEWS From the Floor: Perth conference highlights
right-arrow Created with Sketch.
HAR Haranga resource upgrade builds confidence in Saraya uranium project
right-arrow Created with Sketch.
AL8 "What is the focus of AL8 and how is management going to attract shareholders to the registry?"
right-arrow Created with Sketch.
RDN If you thought lithium was dead, think again. The Pilbara will be central to the next upswing
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MGU (ASX) to my watchlist
(20min delay)
Last
1.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $12.14M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $7.391K 490.5K

Buyers (Bids)

No. Vol. Price($)
3 249615 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 117276 2
View Market Depth
Last trade - 15.29pm 21/06/2024 (20 minute delay) ?
MGU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.