MGU magnum mining and exploration limited

2022 the year of MGU, page-88

  1. 4,093 Posts.
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    Crazy selling to day , I'm buying all dips !! So looks like maybe a T20 might want out , I'll gladly take his or her place in the register and I'm not far away either
    . US markets getting pounded and OZ following suit , it's amazes me when people run for the doors when there's a huge sale on bargain stocks , this is why most retail lose money .
    I see a few mention on here about Iron ore prices up and Anglo etc etc ,
    Forget about iron ore , why woukd MGU want to start selling DSO with minimal profit when they can sell Green Pig iron fir 250 to 300 bucks profit per tonne!!
    I for one am looking forward to this quarter and the rest of the year , just have a read of the likes of Brazil and India scalling back on scrap metal exports , look at the rise in demand in the US , Pig Iron prices are tracking up slowly, 80% of all stell makers in the US will be electric ark furnace by 2025 , MGU are in the sweet spot now for the Pig Iron market,,I suspect qe will have several off takes and also finance lined up thus year , this company will be worth many multiples of what it is now, it's just a shame that people can't see what's unravelling before our eyes, its a plain as day for me
    Roll on Q1 and more exciting updates from the company
 
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(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $16.22M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $20.43K 2.921M

Buyers (Bids)

No. Vol. Price($)
2 641667 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 1560000 3
View Market Depth
Last trade - 16.10pm 08/07/2025 (20 minute delay) ?
MGU (ASX) Chart
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