MGT 2.63% 19.5¢ magnetite mines limited.

MGT share price, page-3168

  1. 2,694 Posts.
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    Sorry I haven't replied sooner, i have been into the scotch since we broke 4c haha. What a great day, when I was pretty much screaming buy at 2.8 last week I honestly didn't expect to be sitting in the 4s today... I thought high 3s... but hey not complaining.
    Congratulations to all you holders with iron hands you deserve every cent .
    Also BIG thanks to all the LT regular posters here, the info you provide is valued greatly, I would name you all but it would take up a page of the thread, and the list keeps growing haha

    There will always be profit takers as we have seen multiple times on this journey, its our conviction to hold that sets higher support every time
    We may see a continued run tomorrow as the very end of day line wipes could spread fomo to those that missed out this afternoon and also in lieu of the webinar presentation after lunch, whether we get some update that drives the SP even further or triggers a sell off is yet to be determined, only time will tell.

    What i will say though is smashing that 3.7c multi year highs and finishing at 4.3 is a huge endorsement to the bullish Long Term trend, short term we may see consolidation (as expected after any run) as we approach Q2 and PFS but like I posted this morning its all about those higher highs and higher lows.

    IMO When the bulls run out of gas, profits taken and the dust settles, we will be primed for the catalytic news.. and if you thought days like today and 30% gains were good, you won't know yourself come a successful PFS and conformation of a viable project of this manatude.

    If you have done your research you already know the fundamentals of the company, its resources and the potential value, so I won't rattle them off, but I will point out the potential significance of MGT to the South Australian economy from creating future jobs to state revenue etc.. and with the recent show of faith from the SA gov by giving us the Muster Dam tenement(s), I believe we will have a big part to play in the future of SA iron ore.

    All in all looking forward to many more great days like today, now back to my scotch haha

    just observations and opinions.
    DYOR, GLTASH


    Last edited by BullishTrends: 18/03/21
 
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Last
19.5¢
Change
0.005(2.63%)
Mkt cap ! $18.93M
Open High Low Value Volume
19.0¢ 19.5¢ 18.5¢ $16.06K 84.78K

Buyers (Bids)

No. Vol. Price($)
2 37126 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.5¢ 58630 2
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Last trade - 15.33pm 18/09/2024 (20 minute delay) ?
MGT (ASX) Chart
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