MGU 23.1% 1.6¢ magnum mining and exploration limited

Green Iron Nevada USA., page-2

  1. 491 Posts.
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    It's one of those things that can't be ruled out for sure. That's the beauty of this project being what and where it is, which the market has ignored for now at least.

    I think many people love to name drop Tesla on their EV material stock forums for obvious reasons, probably all EV material companies think or hope they could deal with Tesla too.

    Difference is MGU is within a hundred miles of the Tesla gigafactory. Dano did say in the last webinar in response to a question about Tesla that they would consider approaching them. He also mentioned their proximity to the Tesla factory in an email that Nowhere Man shared here on hotcopper.

    Goes without saying the share price would probably rocket at least 10 or 20 fold in a matter of weeks were that to be the case, given the tiny current market cap.

    For now, I'm just hoping for something positive in the announcement we are likely to get tomorrow. I don't think we are going to get a deal finalized, but I hope the announcement contains comments that indicate talks will continue and sample green steel products will be sent for a potential very near term deal to be finalised.
 
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