Australia's largest stock trading and investment forum Australia's #1 stock forum

MGU

8.33%

1.1¢ magnum mining and exploration limited

Collaboration in a green (steel) future the focus for Magnum and Saudi partners, page-78

First 78 Last

Share
Profile

Follow
donegaldemon

3,934 Posts.

1901

02/09/24

16:17

Post #: 75491691
Share

Originally posted by RMInvest ↑

Buddy - MGU owned an Emerald mine from 2014 until 2022. It had nothing to do with Buena Vista until 2020 like I said. Don’t you understand the simple notion of buying something and then owning it from that point onwards?
And the notion that prior to you owning something, someone else can own it?

You can keep spouting the nonsense about RHM and MGU all being one and the same, but they were completely different owners, completely different entities, they are not MGU, MGU is not them. Attributing their actions or inactions to MGU is just dumb and I think you know it because your response was pathetically very personal against me for no particular reason, other than that I pointed out your obvious and repeated inaccuracy on this matter.

Also you may notice that if you actually did some research, there was a major crash in iron ore prices which prevented Richmond from getting to production around the time they had planned to. The low prices persisted for the next 5-6 years during which time they sold the project and there was no incentive for anyone else to progress things due to the low iron ore price.

When MGU actually bought the project in 2020, iron ore prices were rapidly increasing and Dano was working to getting into production and the price dramatically crashed again. Maybe you can understand why projects struggle to get up and running in very low price environments, if not suggest you google capital investment analysis and capital financing to upskill a little.

Expand

Waste of time engaging with that clown

MGU Price at posting: 1.3¢ Sentiment: Hold Disclosure: Held
5 Upvote

1 Great analysis

Reply

Top Stories

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Tonight's US CPI data could set the tone for November. What are markets expecting?

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IMA

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

There are more pages in this discussion • 1 more message in this thread...

First 78 Last

Add MGU (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $8.902M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$5.417K	492.4K

Buyers (Bids)

No.	Vol.	Price($)
2	311753	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	102355	3

View Market Depth

No.	Vol.	Price($)
2	311753	0.011
10	1491279	0.010
8	2903311	0.009
6	985050	0.008
2	340000	0.007

Price($)	Vol.	No.
0.012	102355	3
0.013	501423	2
0.014	508855	5
0.015	541323	3
0.016	67241	1

Last trade - 10.04am 11/10/2024 (20 minute delay)

MGU (ASX) Chart

Collaboration in a green (steel) future the focus for Magnum and Saudi partners, page-78

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Tonight's US CPI data could set the tone for November. What are markets expecting?

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Collaboration in a green (steel) future the focus for Magnum and Saudi partners, page-78

Top Stories

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Tonight's US CPI data could set the tone for November. What are markets expecting?

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Issues emerging as Australian companies tackle critical minerals challenge

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News