MGU magnum mining and exploration limited

Rare earth, page-16

  1. 4,092 Posts.
    lightbulb Created with Sketch. 1987
    Heres a few questions ,

    Why does the CR continue to get extended , isnt it quite clear after several extensions that retail arent going to participate , and how long will this continue ?

    What happened to the raise by 2x1 Digital and VCCL ? They were to raise US$10 million at 0.074 cents ? has this now fell through ?

    Why was it stated that a deal was going to be signed by Xmas and we are now in May and still nothing with Mid metal , what has happened to cause the delay .?

    With the sale of the Hismelt rights , where does this leave Magnum now ? are Luli happy to sign the rights to Magnum similar to the agreement that was in place with Molong ? Has there been any progress with Luli ??

    Since the new board toook over shareholders are down over 90% on their investments , what are the board going to do to restore value to shareholders ?

    Is BV viable/profitable at current 68% Fe prices ??

    In the recent GM directors fees have risen form $150k per annum to $400k per annum , with shareholdrs down over 90% on their investments since the new board took over does the board feel that this rise in directors fees is waranted , do yous believe that yous deseve such a significant pay raise when the share price has tanked since yous took over ?

    Is the answer to the above is yes then please elaborate on why such a pay rise is justified .
 
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(20min delay)
Last
0.5¢
Change
0.002(66.7%)
Mkt cap ! $5.608M
Open High Low Value Volume
0.3¢ 0.5¢ 0.3¢ $27.49K 6.139M

Buyers (Bids)

No. Vol. Price($)
3 5000000 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 4082405 3
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Last trade - 15.52pm 27/06/2025 (20 minute delay) ?
MGU (ASX) Chart
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