MGU magnum mining and exploration limited

Ann: Becoming a substantial holder, page-12

  1. 1,140 Posts.
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    what I'm thinking is if they've known it wasn't a profitable project why were they still working on that project and getting tests done to get the pre to 68%? Were they just spending money to keep everyone thinking that this project is still going ahead while they are hunting for new projects in the back ground?

    it's just disgusting to be honest as I invested in MGU for being an iron ore play and got even better to get in the green iron industry. I've already got 3 rare earths companies and 4 gold companies I'm invested in. I didn't come here to make it 4 rare earth companies and 5 gold companies.

    if the project isn't profitable sell the f*en thing if we aren't going to get any MOU's over the line and the green iron ore deal is done or this other bullshit new MOU we signed a week or so ago.

    for a small company like this you can only have 2 projects max to be able to stretch out the employees and to also keep the news flow going to keep everyone interested.

    if I didn't have this size of a loss hanging over my head not just myself but most retailers would be completely out and then the new share holder is more then welcome to take all the ones about to hit the market
 
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Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $4.486M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
16 11954658 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 282381 4
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Last trade - 16.12pm 13/06/2025 (20 minute delay) ?
MGU (ASX) Chart
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