MGT magnetite mines limited.

Ann: Magnetite Mines Secures Muster Dam Tenement, page-22

  1. 331 Posts.
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    I dont want to bag them as I got crucified last time I made a simple comparison. I genuinally hope they succeed. I have heard that slurry lines are used effectively for pumping ore but the distance is the bit that concerns me. My way of looking at them is that if they can get funding and we have simular product next door our share price would go up 5 fold based on potential. Currently their market cap is nearly 400 million and ours is not even 100m with multiple plays. simple math to me. that would give us a share price of at least 10 cents. My base estimate is 5 cents by years end.
 
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(20min delay)
Last
8.8¢
Change
0.002(2.33%)
Mkt cap ! $10.78M
Open High Low Value Volume
8.6¢ 8.8¢ 8.5¢ $3.717K 43.30K

Buyers (Bids)

No. Vol. Price($)
1 12784 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 1299 1
View Market Depth
Last trade - 14.34pm 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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