MGU 0.00% 1.4¢ magnum mining and exploration limited

When I bought in the Hismelt technology was the path forward so...

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    When I bought in the Hismelt technology was the path forward so I’m quite happy they’ve shifted focus back to this, and therefore you really can’t ask for a better CEO than Neil. He sounds like quite possibly the person with the most experience anywhere in designing and using Hismelt and he has access to a whole team of experts too at Smelttech.

    At one point they were pursuing a green hydrogen plant to operate alongside and feed into the Hismelt but I haven’t heard any mention of this in at least a year so seems they’ve moved away from that, quite possibly happy to use the syngas by product of biochar, with natural gas to supplement as needed.

    Let’s hope they just stick to a specific plan going forward from here and they can deliver the promised studies sometime soon, it’s been a pretty poor misstep in providing timelines and totally missing them without any comments as to why.
 
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