Nah, the criticism of MGX is fine. Enjoy.

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optimistus

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17/10/21

21:30

Post #: 56863052
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Originally posted by rocket973: ↑

"The cross promotion is wearing pretty thin, can you please give it a rest."

Sorry to hear you don't like hearing any objective criticism.

Tell your MGX mate Samsonrises who has been doing the cross promotion on GRR.

I'm actually trying to show you where MGX falls down badly.

I've been hearing all the exaggerated good news stories by MGX holders for the past year, however I don't see much progress at present. Shine has already closed down, it was too late to the party.

By the time MGX starts shipping 65% ore, the bank balance will be far lower than it is now.

My previous post was based on facts, if you dispute them then please explain.

"Nearly half of MGX dividend is paid out via DRP, it saves the company spending its bank balance but it further dilutes shareholders. More than 60 million shares have been added over the past 2 years. TRUE

The BOD needs the cash in the bank for keeping the high paid Directors in their cushy jobs as well as slowly getting Koolan Is up to speed which is already months overdue. TRUE

Last quarter shipping was a disgrace ( gone badwards at a rate of knots again) and this current quarter hasn't got off to a good start either. ( Just one ship due at the end of the month.) " TRUE

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Nah, the criticism of MGX is fine. Enjoy.

MGX Price at posting: 45.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 37.5¢		Change 0.005(1.35%)		Mkt cap ! $442.6M

Open	High	Low	Value	Volume
37.5¢	38.5¢	37.0¢	$581.8K	1.541M

Buyers (Bids)

No.	Vol.	Price($)
2	90400	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	47216	2

View Market Depth

No.	Vol.	Price($)
2	90400	0.370
3	106164	0.365
3	114600	0.360
2	17888	0.355
3	170000	0.350

Price($)	Vol.	No.
0.375	47216	2
0.380	20500	2
0.385	88320	3
0.390	259092	9
0.395	256057	2

Last trade - 16.10pm 23/07/2025 (20 minute delay)

MGX (ASX) Chart

Nah, the criticism of MGX is fine. Enjoy.

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Nah, the criticism of MGX is fine. Enjoy.

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Trigg brings famed Finnish metals refiner – and its tech – onboard to bolster antimony processing

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