- We know for a fact that financing activities are happening right now and we will know if they are successful in Q4, successful financing would put 10m in the MGU bank account, nearly the current entire MC
- We know that MGU have sent product to Mitsubishi for testing and we know that Mitsubishi have sent a draft term sheet to MGU confirming that an offtake is likely imminent
- We know that MGU can produce 68% grade relatively easily and sourcing CAPEX for BB shouldn't be too difficult once an offtake is signed, hell the reason it could be taking so long is that maybe this offtake comes with some kind of prepayment, not all offtakes are a MOU for a percentage of production..
is that enough reason for you given the stock is at 1.4c? Seems like a pretty decent gamble to me, the downside is pretty low and upside is enormous
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We know for a fact that financing activities are happening right...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $10.52M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $1.258K | 104.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 92000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 369352 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 92000 | 0.012 |
4 | 1210727 | 0.011 |
15 | 1704285 | 0.010 |
5 | 990200 | 0.009 |
3 | 740000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 369352 | 2 |
0.014 | 414509 | 3 |
0.015 | 969042 | 2 |
0.016 | 943567 | 4 |
0.017 | 534648 | 5 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
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