Yep, "...a material off-take agreement..", and a long weekend to ponder its positive implications.
Perfect.
One would hope RK Equity's full Company Overview authored by Rodney Hooper could be released to a wider audience in the interim - perhaps under a tab in the Investor Centre section of the Magnum company website.
While Rodney's base case NPV for Magnum is cause enough for rejoicing among those of us well-set here (let aside his bull case scenario!), Rodney's clear outline of the Company's two-Phase development plans toward producing high margin HBI for the Western USA using a HISMELT plant, and explicit rendering of future price catalysts, all make for exciting holiday reading.
MGU Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
