hello all,
Being doing a bit of research into this stock. Great potential and plenty of room for growth.
HOWEVER - i just found out the HIsmelt Technology that this company is going to use etc.. for the pig iron process is IP that they have to license from MOLONG a Chinese company - MOLONG own this IP for HIsmelt. (they bough it from Origianl IP owner Rio Tinto years ago.
Few concerns for me here - what's to say MOLONG will license this?? Especially to a US company ?? Alot of friction atm between China and US
Again im happy for all that hold, i was super keen also but im a little concerned now.
I tried finding info in regards to License IP etc.. duration/cost/new agreements in place etc.. but cannot find anything
Small brief sentence referring to this on Presentation dated AUGUST 2022 on company website for those who want to do their own research
- Forums
- ASX - By Stock
- Ann: Mitsubishi enters into an offtake MOU with Magnum
hello all,Being doing a bit of research into this stock. Great...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGU (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.902M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $5.958K | 541.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 184410 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 183210 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 781493 | 0.011 |
11 | 1691778 | 0.010 |
6 | 1603311 | 0.009 |
6 | 1041300 | 0.008 |
2 | 311111 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 183210 | 2 |
0.013 | 335124 | 2 |
0.014 | 1140071 | 5 |
0.015 | 1141323 | 4 |
0.016 | 67241 | 1 |
Last trade - 15.01pm 07/10/2024 (20 minute delay) ? |
Featured News
MGU (ASX) Chart |