For anyone that has been following MGT for a while, it’s very clear they have been working through this project very strategically. Building the initial business case, demonstrating the project value, identifying a clear path to production with an initial low cost set up through to expansion, installing a new CEO to take things to the next level, building up a very strong leadership team/board to drive activities and so on. Funding will come, Off-takes will appear, momentum will build and MGT will grow.
Yes the share price is suffering at the moment, but I believe management’s focus is on putting everything in place to succeed and the share price will follow.
Exciting times ahead.
Ann: Director Appointment/Resignation, page-18
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24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $7.014K | 28.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 46567 | 24.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 10764 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |