Truth is no one knows when this project will get off the ground if ever. There's headwinds from prices and synthetic. If margins can't be achieved, it won't happen. why do you all think there's been no progress in off-takes and finance? The metrics don't stack up at the moment. So until they do, this will sit in limbo.
I think we will be able to keep alive due to the high interest we receive on the cash we hold.
Maybe some more govt or US funding might make a difference. I see there's money being thrown at the REE space from the US.
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Mkt cap ! $254.1M |
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Price($) | Vol. | No. |
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3 | 205593 | 0.099 |
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7 | 313127 | 0.097 |
10 | 678478 | 0.096 |
Price($) | Vol. | No. |
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MAGNUM MINING AND EXPLORATION LIMITED
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Neil Goodman
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