they've spend 15 million and nothing has really progressed in terms of the project, the last 5 mil raised before this 2.5 mil was for a BFS, and it never eventuated, anyone who knows the slightest bit about this project knows that management needs a shake up, Neil can stay but the others need to go, they're useless and have used magnum as their cash cow to live that "high flyer" Melbourne lifestyle.
we still have no idea if they're selling DSO, DRI, and how many tonnes and who too or where from? port of at mine gate.
nothing is clear, I encourage you to look past the last few announcements
they've spend 15 million and nothing has really progressed...
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