MGU 0.00% 1.1¢ magnum mining and exploration limited

Ann: Trading Halt, page-13

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  1. 289 Posts.
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    Going back through previous announcements, it really opens your eyes to how little has happened in 12 months.

    Besides the Green Pig Iron Samples that were procured, its really hard to show where they are spending all this money.

    Ill be interested to see how Shape Capital benefit from the Capital Raise, they seem to be the real winners here : Received 8 Million shares for facilitating the last deal which to date has shown no evidence that it has fast tracked the project in anyway. Still waiting on the scoping study!

    There has to be a conflict of interest for two of the directors to be benefiting through these funding arrangements. How are we to know they are acting in the best interest of the company (and share holders) and not in their other companies?
 
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