MGU 7.69% 1.2¢ magnum mining and exploration limited

Ann: Acceleration of Buena Vista Project Production, page-90

  1. 962 Posts.
    lightbulb Created with Sketch. 125
    It will pull back when the costings are done and funding is required to "accelerate" the project. And by no means will it be the 2.0s - I only referred to the 2.0s when I was saying I didn't top up enough when the SP was dormant. High 3.0s, yes. The acceleration of the project isn't going to be funded from money from the clouds. Plus all the short term holders that will be selling out will naturally drag the SP once the wave is over. This project can't be accelerated without additional funding.

    The $3.6M in the bank at the end of March 2023 did not take this "acceleration" into account.

    I'm sitting back with open arms.


 
watchlist Created with Sketch. Add MGU (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.001(7.69%)
Mkt cap ! $9.712M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $7.752K 688.6K

Buyers (Bids)

No. Vol. Price($)
3 1190000 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 612333 3
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
MGU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.