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1.7¢ magnum mining and exploration limited

Ann: Magnum Advances Green Pig Iron Opportunity, page-225

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MrFantastic

2,799 Posts.

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17/01/24

18:47

Post #: 71929625
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Originally posted by ASXMGU: ↑

The construction and operation of 30 x HIsmelts, 'was' a conservative figure, emailed too me, in Mar 2023. However, that figure was rather underestimated, the figure is probably more closer to 60.

As at Nov 2023, China has already constructed 6 x HIsmelts, with more being constructed. We wont know the actual figure, until late 2024.

I will dig out more info on the above on Thurs and post.!!
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In terms of the HIsmelt Licensing, what Magnum is proposing, is not your standard HIsmelt, operation as currently licensed. There is more to this, than meets the eye.

I will find out, if I can post the info, so people can understand what is really going to happen. It will be a first if approved and really put Magnum front and center.

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Hey ASXMGU. Feel like chiming in on what happened to the FS that was promised? Cheers

MGU Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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