MGU 0.00% 1.4¢ magnum mining and exploration limited

I’m thinking now that what he was suggesting is that they expect...

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    I’m thinking now that what he was suggesting is that they expect to secure an offtake agreement for the iron ore soon, however there’s less interest from potential strategic partners to fund/JV the mine at the moment. He alludes to this potentially changing once they’ve got the offtakes in place..but yeah, sounds to me like they might expect to sign a customer just for supply, but not for strategic partnership, that’d provide the capex.
 
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