MGU 0.00% 1.3¢ magnum mining and exploration limited

Ann: MGU Green Iron production strategy for development & growth, page-17

  1. 243 Posts.
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    Yeah, they were very forthcoming with the indicative terms when DSO was on the table with Anglo.
    If they had anything indicative for green iron, ie proposed funding, offtake levels etc from Anglo, you’d reckon they’d jump at the opportunity to inform the market, so it’s debateable whether anything exists currently, but at the same time they’d possibly not be advanced enough in those discussions if it’s only a more recent thing driven by IO price crashing faster than they’d predicted.
 
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