MGT magnetite mines limited.

MGT General and Off Topic Chat, page-1356

  1. 3,211 Posts.
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    Quarterlies coming out this week/
    Should be interesting to scope the situation.. acknowledging it might be more or less the same.

    I was looking at the Lassonde curve this afternoon, as it was mentioned by a poster recently.

    ...pretty representative.
    MGT essentially had a 'second discovery' last year - where magnetite was suddenly in the hot seat,
    and all our options opened up/management changed/new PFS announced.

    I've highlighted in red where i'm thinking we either are, or are lurking around, at current//;

    https://hotcopper.com.au/data/attachments/4287/4287949-471831c219932118247b33ccef8aaff6.jpg

    This raise appears to be one of the last - if not the last - opportunities for cheap entry before we start ascending.
    With this funding set to fuel us into Chrissy, and as we anticipate finance, decision to mine and DFS all at this time,
    we indeed have quite the runway which will likely attract those who've done the research.

    Hope everyone has otherwise had a good ANZAC W/E.
 
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