They took the conservative option which is what is needed when a project is in its infancy such as MGU. If they had progressed with the DSO and iron prices stayed low they would’ve spent large amounts of money and need to do fundraising which would be disastrous for the company with where they are at.
Ann: Green Pig Iron Engineering Study Contract signed, page-21
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $8.902M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $1.254K | 113.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1981916 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 583210 | 2 |
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| Last trade - 10.04am 03/10/2024 (20 minute delay) ? |
| MGU (ASX) Chart |