MGT 3.70% 28.0¢ magnetite mines limited.

MGT share price, page-12895

  1. 83 Posts.
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    Love the confidence!

    Whilst the go forward announcement in the next few weeks will be critical for the long term direction of the project and give a strong indication of the viability/likelihood of getting funding, I just don’t see how it moves the needle enough to get us anywhere near $2.50.

    Once we have DFS/NPV numbers and funding info/agreements then that SP should be well in play. As we know neither is happening by May unfortunately.

    Never been more sure about this company getting mine up and running. Pretty sure options will expire into thin air….again! That’s why they were the price they were.

    Get the heads while you can - .012c in the old money. With all the announcements, show me an ASX speccy mining stock with more potential?

    (NFI/DYOR)



 
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