MGU
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0.00% 1.1¢ magnum mining and exploration limited

Ann: Clarification to Update provided on August 23., page-7

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  1. stephenc678
    243 Posts.
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    24/08/21
    14:24
    Post #: 55530264
    This was a bit odd, of all the things to clarify they told us only that the mining plan covers phase 2?

    Phase 2 being shipment of 68% concentrate, which is presumably post construction of beneficiation plant.

    Phase 3 is when Hismelt plant and the pig iron and HBI products are planned for, which according to their project guidelines involves extensive plant design, permitting and obviously construction etc.

    MGU Price at posting: 7.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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