Personally I Think there's plenty of positives to take away from todays announcement.
The market had already started to react before anyone could possibly have had time to truly digest the study and come up with a logical analysis.
How many new posters that have never contributed took the opportunity today to down ramp and create panic as soon as the announcement was released.
Obviously one of the major eye openers is the potential capex required to get this project running. After watching this interview with Neil and all of the announcements over the last few months, I still think they have something massive that is about to drop. Neil seems like a pretty straight shooter, Has a reputable background and has been meticulosly planning each step.
He shown no concern to the capex and always speaks with confidence that the project will go into production. This leads me to believe they are in very advanced stages of either an Offtake with prepayment or are close to finalizing a JV deal with one of the large multinationals.
Good luck to all!
- Forums
- ASX - By Stock
- MGU
- [INTERVIEW] Magnum Mining and Exploration announces scoping study
[INTERVIEW] Magnum Mining and Exploration announces scoping study, page-24
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGU (ASX) to my watchlist
|
|||||
Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $10.52M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $10.33K | 840.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1809080 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 64 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1809080 | 0.012 |
10 | 1380091 | 0.011 |
13 | 1504285 | 0.010 |
4 | 661200 | 0.009 |
3 | 490000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 568065 | 6 |
0.016 | 700000 | 2 |
0.017 | 472407 | 4 |
0.018 | 101166 | 1 |
0.020 | 360000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
MGU (ASX) Chart |