sorry baz it actually is 90-100m
because you’re not accounting for the loan that the Saudis are producing. It depends on if you count the loan as value towards the market cap I suppose. Either way, magnum will own 15% of something that’s worth 400m which has a 200m loan attached to it and will produce probably that in profit every year. even at mid range profit magnum would receive anywhere between 50-100m in profits alone from the Saudi plant each year. those figures alter after payback period aswell and plant economics increase aswell over time.
sorry baz it actually is 90-100mbecause you’re not accounting...
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.95M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $1.504K | 94.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1043275 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 312266 | 1 |
View Market Depth
| Last trade - 11.23am 14/06/2024 (20 minute delay) ? |
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Last
1.5¢ |
Change
0.000 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 1.5¢ | 1.5¢ | 1.5¢ | 10368 | ||
| Last updated 15.24pm 14/06/2024 ? | |||||
| MGU (ASX) Chart |