MGU 7.69% 1.4¢ magnum mining and exploration limited

Ann: Magnum to drill test high grade DSO opportunity, page-15

  1. 3,908 Posts.
    lightbulb Created with Sketch. 1889
    Looking at the announcement back in 11/06/2021 MGU signed a mandate with Anglo , looked like a pretty good deal as well and then see chart attached , IO dropped off a cliff , MGU was 19 cents back then , whats the chances they can rekindle that deal with Anglo ? They were going to take all the DSO and prepayments up front for MGU to fund the DSO , looked like a pretty good deal to me . No reason why it can happen again .MGU so underpriced at current levles , they need just 1 good announcement to change the perspective of the company .



    mgu io.png
    Last edited by donegaldemon: 24/03/23
 
watchlist Created with Sketch. Add MGU (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $11.33M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $6.473K 478.8K

Buyers (Bids)

No. Vol. Price($)
6 743048 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 71688 2
View Market Depth
Last trade - 15.53pm 12/07/2024 (20 minute delay) ?
MGU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.