MGU 8.33% 1.1¢ magnum mining and exploration limited

Ann: Green Pig Iron Engineering Study Contract signed, page-22

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  1. 3,943 Posts.
    lightbulb Created with Sketch. 1903
    What are the profits margins for MGU with DSO , how long will Iron price stay at these prices?? Will it flop again in 6 months ??
    Is it feasible for them to just stop and start DSO whenever they want , like flicking a switch ??
    Should they start preparing now to ship DSO and shelve Pig Iron ? And then if Iron ore flops again in 3 months or 6 months they just revert back to pig iron??
    I think you know where I'm going with this ,
    Look at the stability in the pig iron price and the volatility in the IO price .
 
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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¢ $4.467K 406.1K

Buyers (Bids)

No. Vol. Price($)
5 914440 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 303145 3
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Last trade - 10.30am 05/11/2024 (20 minute delay) ?
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