MGU 0.00% 1.3¢ magnum mining and exploration limited

Ann: Metallurgical Tests Confirm High Grade Product, page-64

  1. 3,908 Posts.
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    Could be either of them , they are happy with the Anglo draft , so its sensible that they see what Mitsu can offer , so either way we will have some sort of offtake from BV as soon as Mitsu decide to table something , could be a few weeks yet going by their track record .
    Bio Char has been touted as being very close as well all though im not sure how the market will react to that as we know nothing about it .
    Neil said in his most recent interview that he was heading back to KSA at months end to " hopefully finalise investments " , whatever that means ? are the Saudis about to commit ??
    it does seem like there is serious interest in the Hismelt , if the Saudis can secure their % of the 400 mil then even that should justify a re rate for magnum .
    Hopefully a few pieces of the puzzle start to come together in the not too distant future .
 
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