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1.0¢ magnum mining and exploration limited

Magnum mining projected revenues from WV and BV, page-47

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MrFantastic

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10/07/24

19:04

Post #: 74696578
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Originally posted by Sisu123: ↑

I thought I'd start a thread to allow investors to see other fellow investors who understand magnum in it's entirety

•pig iron from two plants 1.6mt x 2 @ 550-800 USD per tonne
= 1.7billion USD per annum on BASE case
= 3.2 billion on BULL case

•66-68% FE concentrate at 1 mine 500,000 tpa - 1mtpa @ 130-180 USD
= 67,500,000 USD per annum BASE case
= 180M USD per annum BULL case

BIO pci 1-2Mt per annum @ 150-300 USD
= 150m USD per annum BASE CASE
= 600m USD per annum BULL CASE

•2-4 pyrolysis reactors which have the capacity of up to 1mt of BIO PCI coal, used in the reduction of steel, as a substitute for conventional coal

low end revenues even looking at the above would be

conservative

BASE CASE - $2 Billion USD per annum
BULL CASE - $4 Billion USD per annum

these are loose figures and should be taken as such, but really gives new investors the understanding of why the price action has been so substantial as of late. not just because these are big expected revenues, but because management are truely delivering on everything they said they would, and MORE!!!!

and you cannot ignore that Mitsubishi and the US government and NUCOR all vying for a piece of magnum or looking to support it to their own benefit.

Buena vista and West Virginia are just the beginning btw, they have already identified 3 other highly regarded prospective location in the west, gulf and old rust belt brown fields area.

they have also identified and are in talks with local tenements and mines in the Buena vista area.

also throw in a bonus, Tesla is 1 hour 45 min down the road and they need a lot of green steel. West Virginia, Nucor are building a state of the art plant that will need magnums pig iron. Nucor are spending 3B$ on their facility, which would come online the same time As West Virginia histmelt plant.

enjoy the ride

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What in your opinion has changed since this post, mate?

MGU Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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Magnum mining projected revenues from WV and BV, page-47

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