MGT magnetite mines limited.

Ann: Renounceable Rights Issue to Raise up to $6.2M, page-68

  1. 406 Posts.
    lightbulb Created with Sketch. 131
    won't get DFS till mid to late next year.
    I'd guess it will come this time next year, just in time for another cap raise. This is me projecting ahead from all recent announcements including financials. After THIS cap raise they will have rough 4 quarters of funding. They are pursuing a JV to fund the mine, this means they will need operating capital this time next year. I've sold as of today and will wait for the dust to settle before investing .
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $10.43M
Open High Low Value Volume
8.8¢ 8.8¢ 8.6¢ $2.791K 31.77K

Buyers (Bids)

No. Vol. Price($)
3 54189 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 259408 3
View Market Depth
Last trade - 15.48pm 25/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.