MGU 0.00% 1.2¢ magnum mining and exploration limited

Ann: Magnum Pursues Main Board Listing with Critical Appointment, page-80

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    I’d focus less on the mix up in study terminology..what they presented was positive, and again, it is a type of feasibility study and it would have been naive to think in 2-3 months they could churn out anything approaching a definitive or bankable feasibility study, which typically takes companies 1-2 years minimum to complete. It was a silly/unforced, but ultimately minor error/backtrack, which may have largely been due to ASX requirements. I highly doubt they tried to deliberately deceive. I feel questions should be more aimed at what is going to happen in near term to start producing DRI to fund a large future Hismelt CAPEX , where are they planning by to get the CAPEX financing to fund DRI, when are they going to sign something/anything binding, are they serious about Anglo/Misubishi and when are they seriously expecting to list on a main board in US and why do they keep announcing hiring the same law firm to assist with this.
 
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