MGU
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0.00% 1.1¢ magnum mining and exploration limited

Ann: MGU pig iron strategic focus, page-14

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  1. donegaldemon
    3,933 Posts.
    lightbulb Created with Sketch. 1901
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    16/03/22
    10:41
    Post #: 60219833
    The upside is huge for MGU ,, market just cant see it yet ,, we need some solid figures out .
    But in regards to your post your probably not far off the mark .
    If MGU can produce 500k tones a year with a profit of roughly $250-300 per tone , at an average price of $550 per tone , ( yes i know its now a lot higher ) and throw in a P/E of 5 then we are seriously undervalued !!!
    And the icing on the cake is that MGU will be producing Green Pig Iron ,,
    MGU Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
1.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $8.902M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $8.8K 800K

Buyers (Bids)

No. Vol. Price($)
6 1091008 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 83210 1
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Last trade - 15.43pm 04/10/2024 (20 minute delay) ?
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