MGT 6.78% 31.5¢ magnetite mines limited.

Ann: Consolidation/Split - MGT, page-186

  1. 83 Posts.
    lightbulb Created with Sketch. 28
    Plus will be at least one opportunity to get a cap raise price top up (either through a retail offer) or on (likely) subsequent fall to cap raise price.

    Simple equation - do you think this mob will get the project to mining or not. High risk/reward. Same deal as 3 days ago.

    I think mgmt are more than competent.

    I think there might be a bit of luck involved in terms of right time/right resource/right jurisdiction/right infrastructure.

    Don’t care how, just has to get there.

    Totally get that punters (including me) were hoping for a run leading to DFS this quarter. As many have said before, speccy mining stocks are difficult to get off the ground and delays are a part of the game.

    As long as they aren’t BS-ing about multiple interested finance partners, IMHO I think we are on track….albeit a painful one for atm.

    You either believe or you don’t. No point bitching every day.

    DYOR/GLTAH…..
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
31.5¢
Change
0.020(6.78%)
Mkt cap ! $31.00M
Open High Low Value Volume
29.5¢ 31.5¢ 28.0¢ $101.2K 348.6K

Buyers (Bids)

No. Vol. Price($)
1 10000 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 10770 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.