MGU 0.00% 1.0¢ magnum mining and exploration limited

Ann: SPECTRAL ANALYSIS IDENTIFIES NEODYMIUM TARGETS, page-11

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  1. 3,944 Posts.
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    Im not saying that its dead , im saying that its possible , due to the fact that its taking so long and that they are now exploring for Rare Earths , however the company have stated on numerous occasions that they are very close to securing offtakes , refer to recent announcements in regards to trials and bulk testing ,and final product being sent to end users , so if we are to believe that the y are being truthful all is going well then we can expect offtakes and funding soon and the Rare Earths potential is an added bonus if it comes to fruition .

    They tried the lithium pump last year to no avail so im going to give them the benefit of the doubt and say that they arent stupid enough to try and pump it now with Rare Earth hype, and that they feel there is some potential here .


    P.s when i say Iron ore being dead , i mean the iron Ore at Nevada , not Hismelt .
 
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