STTCOMP MGU FA long
Magnum Mining And Exploration Limited (Green DSO IO play in USA)
MC $39 M
SOI ~350M
Cash: Approx 2.2 Mill
no debt
.SP 11 cents
Recent acquisition of Iron ore play which will add significant value in my opinion..
Detail on FA provided and compliments of @NowhereMan on the thread and shared here below:
http://www.nv-iron.com/images/pdf/NVI_Technical%20Report%20NI-43101_FINAL_131108.pdf
The numbers cited in the study are from 2013, and of course costs of production and ore prices have varied over time.
For example, the concentrate selling price assumed in the study was US$104.29/dmt FOB West Sacramento, whereas prices achievable today are of course considerably higher.
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend Lounge: 26 - 28 Feb
Short Term Trading Weekend Lounge: 26 - 28 Feb, page-53
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
Previous Video
Next Video
SPONSORED BY The Market Online