MGU 0.00% 1.4¢ magnum mining and exploration limited

Chart

  1. 5,104 Posts.
    lightbulb Created with Sketch. 659
    @Cheeky-Charm could I please have one of your detailed chart summary's of MGU please mate. I appreciate it.

    My simple analysis - In recent weeks, higher highs and higher lows on increasing volume with consistent news flow strengthening fundamentals waiting on recent drilling results for DSO type Magnetite ore. MOU with Mitsubishi, I suspect offtake after drilling results with further drilling planned to expand this near surface low impurity type DSO project. DSO is the start of multiple revenue streams for Magnum,


    A bit of history on Neil Goodman the global face of pig iron technology - Appalachian Iron has been set up by the team that developed the technology for Rio Tinto and Nucor, led by Neil Goodman, an iron and steel industry veteran. We have strong strategic support from Magnum Mining and Exploration, the company that recently purchased Appalachian Iron. Magnum is presently developing a HIsmelt green pig iron project at its Buena Vista iron ore mine in Nevada.

    40 years’ experience in the design, construction and operation of iron-making plants worldwide, including 20 years on HIsmelt. Designed and operated the commercial scale HIsmelt plants in Australia and China.



    https://hotcopper.com.au/data/attachments/5304/5304091-530247e43adf17a94a954848c8a6cee0.jpg

 
watchlist Created with Sketch. Add MGU (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $11.33M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $10.76K 827.1K

Buyers (Bids)

No. Vol. Price($)
1 502400 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 537767 3
View Market Depth
Last trade - 15.37pm 05/07/2024 (20 minute delay) ?
MGU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.