MGU 9.09% 1.0¢ magnum mining and exploration limited

It’s not terrible..it’s on par with other projects of this...

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    It’s not terrible..it’s on par with other projects of this nature and sets the company up for processing beneficiated ore through Hismelt in future where the really big money can be made.

    How about you define what exceptional is for a scoping study on a project like this to produce 68%fe, then come back with your findings and educate the forum?

    He wouldn’t say we’re going to production if he thought it was terrible.

    It will inevitably take a couple years as he alludes to, and sure the share price might drop or stagnate but like any company in this space, if they secure off takes/funding etc then sustainable price increases are achievable.
 
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