MGU 4.55% 1.2¢ magnum mining and exploration limited

Collaboration in a green (steel) future the focus for Magnum and Saudi partners, page-69

  1. 3,943 Posts.
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    Not a hope of raising at a 500% premium to current market cap unless we have substantial news flow , is it safe to assume that management are aware of this and that they have plenty of news in the pipeline to get the share price north of 6-7 cents ?
    If they were to think that they can raise at 7.4 cents from current levels without any substantial news flow would be extremely incompetent and look very poorly on the company .
 
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