MGU 0.00% 1.6¢ magnum mining and exploration limited

Future of MGU, page-67

  1. 2,729 Posts.
    lightbulb Created with Sketch. 1549
    yeah 100% agree, imagine sticking their hands out to investors and insto's to give them another 2.5m bucks in a few months time when they have barely progressed BV since the last CR, what a slap in the face to take that money and just throw it all over the place in now particular direction then come back and once again reiterate that they can be in production in 18 months, look at the lithium situation, prices don't stay high forever! Its completely pointless talking about the 68% price being so high but not making an visible progress on trying to progress that project and capitalise on it, maybe theres a larger strategy at work but investors wont sit there giving them millions for the next 4 years, as far as im concerned if i dont see financing and construction on BV by september then i'll be out, but if they do decide to make a move then SP could be 10 times as much as today
 
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