MGU 6.67% 1.4¢ magnum mining and exploration limited

Yes I still hold a top 20 position And yes the elephant in room...

  1. 1,590 Posts.
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    Yes I still hold a top 20 position
    And yes the elephant in room is the iron price

    I am backing the team with dano

    Pig Iron is where it is at for me

    pig IRON including depreciation Could be around USD200-250 at most. Pig is now selling at around USD550FOB New Orleans.

    So it’s still a very profitable business I am
    Happy to wait for this to happen

    Dano is the key to all this and he said green steel is very hot right now in the USA

    will get Dano On a webinar in coming weeks
    But I can say he is working very hard behind the scenes
 
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