MGU 0.00% 1.3¢ magnum mining and exploration limited

Ann: Technical Study Shows Viability of Saudi Plant, page-75

  1. 79 Posts.
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    No, he repeats himself more than MGU's announcements about hiring US Attorneys!...

    I am with you; they need to get the DRI side financed. I am convinced the process they are going through at the moment must have a tie in to securing finance for DRI. I do think if we look back to the first MOU announcement with the Saudis, they have pushed a lot further with them than any other MOU party over the last few years, in a very short space of time, so there must be some sense of a bigger commitment financially pending I believe. Sure, it may involve other financial players also; but I think if they lock the Saudis in any, even partial, financial facility... others will join.
 
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