MGU 8.33% 1.1¢ magnum mining and exploration limited

[INTERVIEW] Magnum Mining and Exploration announces scoping study, page-9

  1. 1,003 Posts.
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    the funny thing is all the down rampers that have came here today are going off worst case but haven't even thought about being in the middle costs or at the lower end. investors will like this project as its not as harsh on the emissions so it gets esg companies looking at it closely. a mine this big doesn't get built of 50m-80m at all! this has got decades of mine life so a big upfront payment to get it rolling is what's expected. everyone was working off the most expensive number but I highly doubt it would be or else i would of sold. AGAIN the DRI isn't our goal here it's the green steel. it was at the start when Neil got on and it still is so i don't know why everyone is going nuts about it. obviously people took some profits off and I'm sure they all bought in at a lower price because it's got a very bright future. the ext few weeks for this company will be huge
 
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