MGU 0.00% 1.1¢ magnum mining and exploration limited

2022 the year of MGU, page-108

  1. 1,461 Posts.
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    Right. That is not what the official announcement says. Seems very strange that (very crucial) information isn't detailed.

    Again communication has been below par. We either have to rely on someone's word or we take the official announcement at face value, these are contradictory.

    And I don't understand why MGU gave Anglo exclusivity for what appears to be nothing. If Anglo didn't want to commit, fine, start talking to other parties. Anglo wants to extend the relationship? Fine, make some sort of a commitment.

    Anyway I remain hopeful we will see something substantial and tangible over the next couple of months. The project is there and appears to have great earnings potential. Other companies going the green steel route have done quite well so would be good to MGU get there as well. No doubt they are in the right market and a unique location.
 
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