MGU 9.09% 1.2¢ magnum mining and exploration limited

At the end of the day , this announcement is just 2 companies...

  1. 3,930 Posts.
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    At the end of the day , this announcement is just 2 companies carrying out a feasibility together, no insto is going to buy up on this news , especially when there's not much info out there on Mid Metal , now I'm not saying that this news isn't positive . If Mid Metal mean business and the study is positive then it will be a game changer for MGU , I have stated many times before that Green Steel is going ti be huge going forward , and Magnum are well placed to take advantage , they just need to execute .
    If the study is positive , which I believe it should be , and Mid Metal commit or come on board as a JV partner and throw in a few hundred million , then we will be in business , huge re rate on the cards , but for now it's a waiting game ,hopefully we get to see the study results with some degree of accuracy and not all these disclosures/disclaimers we have seen of previous studies .
 
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1.1¢ 1.2¢ 1.1¢ $1.706K 145.9K

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Last trade - 15.05pm 13/09/2024 (20 minute delay) ?
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