MGU 23.1% 1.6¢ magnum mining and exploration limited

Ann: Clarification to Update provided on August 23., page-7

  1. 243 Posts.
    lightbulb Created with Sketch. 127
    This was a bit odd, of all the things to clarify they told us only that the mining plan covers phase 2?

    Phase 2 being shipment of 68% concentrate, which is presumably post construction of beneficiation plant.

    Phase 3 is when Hismelt plant and the pig iron and HBI products are planned for, which according to their project guidelines involves extensive plant design, permitting and obviously construction etc.

 
watchlist Created with Sketch. Add MGU (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.003(23.1%)
Mkt cap ! $12.94M
Open High Low Value Volume
1.3¢ 1.6¢ 1.3¢ $30.06K 1.997M

Buyers (Bids)

No. Vol. Price($)
1 100000 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 2089565 6
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
MGU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.