MGU 30.0% 1.3¢ magnum mining and exploration limited

Ann: Funding Round for Green Pig Iron Project in Saudi Arabia, page-143

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  1. 2,922 Posts.
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    I’ve been in companies that have laid dormant for many, many years until they find the right partners, then it all comes together, and then….boom.
    As for the funding question. The last ANN was about raising $200 plus million in funding, it may be even more after what I heard today.As for the deal, an offtake agreement maybe closer than we think. Did you watch the AGM today? I like what you write from time to time mate, but you keep playing the same tune. I get it, you think it’s dead horse, but I think it’s time for you to move on. As for the value you of MGU only being 10m is ridiculous. To say Neil is heading for door is hilarious and speculative at best. He has the opportunity to build an amazing legacy here. Imagine being the guy that turned a10m dollar dead horse into a billion dollar company. Also speculation, but I’m an optimist and try to see my investments through. Do I think they have made some stupid mistakes? Of course. However, when they pull this off, all those that had the bollox to hold, will be well rewarded. Not everything goes to plan, but our plans if followed through can end up being very lucrative. If you end up being right then I’ll buy you a beer, but when I end up being right, I’ll buy you a bottle of whatever you like….. but for now, can you please put a sock in it? With due respect of course.
 
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