MGT 1.41% 36.0¢ magnetite mines limited.

Hey mate, great listen. I suggest if anyone is intending on...

  1. 813 Posts.
    lightbulb Created with Sketch. 246
    Hey mate, great listen. I suggest if anyone is intending on investing in not only MGT but other green projects that it’s well worth the 50 minutes.

    Firstly, this panel discussion is headed by Rod Sims. Enough said.

    key take away for me.

    Government intend to support infrastructure financially.

    Euro import tax on emissions at $90 per ton for dirty ore.

    Australia does not apply a price on carbon locally, but Europe and Asia are implementing carbon taxes putting us in the sweet spot.

    Government intend to look after the early up-takers of green steel financially.

    Australia will be damaged economically the most from climate change excluding Canada.

    Australia is set to make the cheapest hydrogen in the world.

    Shipping and rail are already moving to green fuels and this further supports economics.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
0.005(1.41%)
Mkt cap ! $35.43M
Open High Low Value Volume
35.5¢ 36.0¢ 35.5¢ $53.40K 150.0K

Buyers (Bids)

No. Vol. Price($)
1 48774 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 16000 1
View Market Depth
Last trade - 16.10pm 22/05/2024 (20 minute delay) ?
Last
36.0¢
  Change
0.005 ( 0.63 %)
Open High Low Volume
35.5¢ 36.0¢ 35.0¢ 21165
Last updated 15.02pm 22/05/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.