I think option b is correct. They F'd up the release, there is nothing to announce. We are stuck here at 4c IMO. The only news they can release would be a TO or JV that would push SP up to the 8c+ level again.
Its absolutely devastating to think that we are currently a 4c stock with the value of the ore in the ground.
If they had have released the PFS at the high of the market they would be sitting between 8c-15c right now.
I cant even believe what I am seeing every time I see MGT in 4c league after the PFS being released on the down trend.
What a F'n disaster from management here.
To consider the ore value of other 4c stocks on the market and for MGT to be in the same league is a disgrace.
Mark needs to get out there selling the company hard if he wants OD conversions.
MGT share price, page-8550
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $30.02M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $23.95K | 79.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 98440 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 13255 | 1 |
View Market Depth
| Last trade - 10.54am 10/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |