With the offtake agreement and US investors coming on board and if they can raise $20 Mill in this financial market in a short space of time, then i think that 12.5% will disappear pretty quickly. Think of the volume that goes through daily. Does it seem to you that people buying into a CR are doing so to get rid of them for 10% trade?
If it is $$ for just operations and no offtake then I'd be a little more annoyed at the volume. I feel confident it will be more than just a contract for more feedstock. Did we even really get an announcement last time, its was just a passing one liner really. Also as all have said, Hank is not ann MOU, so this will be $$$ attached if it is an offtake, not just a promise between mates. Hank is doing things as a CEO should, no fluff, working his butt off and putting his own $$$ into the company. I wonder if Pegasus will participate this time around? I actually would rather they didn't (but more than happy if they do) then we'd know the US investors are keen and its not just insiders.
Oh and yes the % of dilution is mostly because our SOI is low. So you got in at a great time.
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Last
46.0¢ |
Change
-0.005(1.08%) |
Mkt cap ! $249.3M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 46.0¢ | $36.02K | 78.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31957 | 46.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 14668 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31957 | 0.460 |
1 | 50000 | 0.455 |
3 | 62450 | 0.450 |
1 | 5248 | 0.445 |
2 | 14054 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 14668 | 1 |
0.475 | 23035 | 1 |
0.480 | 117739 | 1 |
0.485 | 15401 | 2 |
0.490 | 22134 | 1 |
Last trade - 10.20am 14/05/2024 (20 minute delay) ? |
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Last
46.0¢ |
  |
Change
-0.005 ( 2.13 %) |
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Open | High | Low | Volume | ||
46.0¢ | 46.0¢ | 46.0¢ | 23264 | ||
Last updated 10.20am 14/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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