Ann: Drilling And Surface Sampling Confirms High Grades, page-23

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MrFantastic

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27/07/23

12:36

Post #: 69012866
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Originally posted by galaxy1: ↑

It hit 5.8 cents this morning on big volume. This is standard at this time of the day the traders are going to town on this atm, don't be surprised if it closes green. Neil said to me expect regular updates and he has been certainly doing just that.

I have purchased at 2.2, 2.4. 3.8 and 5.4 and will continue to buy this one.

Why will I keep buying:

- Several studies are ongoing
- Expect US 2.5 million for our project research soon, talks continue with other potential Government programs.
- Offtake discussions advancing with Mitsubishi and discussing with other potential offtakes.
- Easily accessible high grade very low impurity DSO, very low strip ratio and plenty of it - mining within 8 months.
- Obviously long term power house with pig iron from two plants, this is where things get real exciting.
- Magnum has the market in the USA and having Neil Goodman running this company the sky is the limit.

I'm with @Sisu123 this has all the ingredients to become another FMG in good time. Mining companies will be calling Neil for a piece of his process to
Don't forgot this old article, the numbers are conservative and will improve immensely in my opinion. 35 million MC is ridiculous and the momentum will continue until we find fair value and this is why I will continue to by this once in a lifetime type investment opportunity.

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This is also a LT hold for me brother. As you stated, the market hasn’t woken up to what we have on offer. When it does these ridiculous low prices will be many investors regrets. My Son just bought tails this morning.

Good luck everyone.

MGU Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $9.712M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$748	62.31K

Buyers (Bids)

No.	Vol.	Price($)
3	435051	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	501423	2

View Market Depth

No.	Vol.	Price($)
3	435051	0.011
9	1091279	0.010
8	2903311	0.009
5	921300	0.008
3	451111	0.007

Price($)	Vol.	No.
0.013	501423	2
0.014	1175785	6
0.015	541323	3
0.016	67241	1
0.018	88218	2

Last trade - 13.51pm 10/10/2024 (20 minute delay)

MGU (ASX) Chart

Ann: Drilling And Surface Sampling Confirms High Grades, page-23

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Issues emerging as Australian companies tackle critical minerals challenge

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Ann: Drilling And Surface Sampling Confirms High Grades, page-23

Top Stories

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Issues emerging as Australian companies tackle critical minerals challenge

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