Why did MGT suddenly rise so much in August 2020, when Scoping Study was out in Nov 2019 with 3.9B resources already known at that time?
Yes Iron Ore Price started to breakout around August 2020 too and have reached/stayed at new highs since. Also PFS is due soon too I believe.
PS: Maybe below has some info to my question perhaps.
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- Why MGT only moved up from around August 2020 (but Scoping Study was in November 2019)?
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Why MGT only moved up from around August 2020 (but Scoping Study was in November 2019)?, page-7
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 23032 | 8.3¢ |
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No. | Vol. | Price($) |
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1 | 36585 | 0.082 |
2 | 26600 | 0.081 |
4 | 72340 | 0.080 |
1 | 9000 | 0.078 |
Price($) | Vol. | No. |
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0.090 | 12534 | 2 |
0.095 | 51200 | 2 |
0.099 | 20000 | 1 |
0.100 | 58304 | 2 |
0.105 | 4173 | 1 |
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