MGU 15.4% 1.1¢ magnum mining and exploration limited

I will remind everyone again , MGU was roughly 19 cents back in...

  1. 3,915 Posts.
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    I will   remind everyone again , MGU was roughly 19 cents back in 2021 when they signed a deal with Anglo for DSO with a prepayment , unfortunately Iron Ore prices tanked shortly after , see chart attached .
    A lot has changed since then as the company has had to transition , however they are more advanced now than they were back in 2021 , several studies are on the horizion , DSO back on the cards now that they have identified new high grade zones from surface , Bio Pci as a saleable product , Applachain Iron added to the list , MOU with an 8 trillion dollar company Mitsubishi , and to day , potential US governemnt funding ,  whats missing ? a binding off take .
    MGU.png
 
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Last
1.1¢
Change
-0.002(15.4%)
Mkt cap ! $8.902M
Open High Low Value Volume
1.3¢ 1.3¢ 1.1¢ $1.852K 151.6K

Buyers (Bids)

No. Vol. Price($)
7 1581074 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 660794 5
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Last trade - 14.58pm 23/08/2024 (20 minute delay) ?
MGU (ASX) Chart
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