Interesting weeks ahead, if we don't get an announcement we will in any case get the quarterly report. Nickel up more than 20% this month and though no expectations, maybe a increased interest from the Chinese in the Vanadium..
And the gold, Spx surpassing 40 mln MC on Penny expectations alone. Rxl already up 100% from the lows earlier this year and Vmc seems to have so much more opportunities. If the next positive announcements aren't reflected in the share price I know what I would be doing if I was Spx. Take over VMC for bargain prices, increasing the Penny tenements, with a 30% stake in a gold mine, 3 mln cash and some interesting side projects on the horizon.
For now I value my oppies at zero but certainly there are possibilities to get them in the money. I like the wall at 15.5 cents just one tick above the best ask. With a 10 day AVG volume of 75.000 shares, it looks like games to me. Otherwise you would wait of book to fill your sell order once buys appear. But of course as a holder I have pink glasses, so maybe I am just seeing what I would like to see.
Cheers
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Last
8.3¢ |
Change
-0.007(7.78%) |
Mkt cap ! $15.74M |
Open | High | Low | Value | Volume |
8.5¢ | 8.5¢ | 8.3¢ | $11.70K | 140.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 11 | 8.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.4¢ | 7493 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11 | 0.083 |
1 | 50000 | 0.081 |
1 | 200000 | 0.080 |
2 | 52400 | 0.075 |
1 | 250000 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.094 | 7493 | 2 |
0.095 | 23157 | 1 |
0.096 | 4491 | 1 |
0.098 | 4000 | 1 |
0.100 | 125000 | 1 |
Last trade - 15.45pm 13/05/2024 (20 minute delay) ? |
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Last
8.3¢ |
  |
Change
-0.007 ( 9.78 %) |
|||
Open | High | Low | Volume | ||
8.4¢ | 8.4¢ | 8.3¢ | 36224 | ||
Last updated 15.45pm 13/05/2024 ? |
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VMC (ASX) Chart |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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