If people aren’t aware yet, I’ll just post this here. MGTO are now available to purchase on the ASX, options due to expire in 18 months, this is the credit raise that is happening soon, in order to keep this train going it needs money, all companies follow this pathway to production.
It took campion iron 10 years to go from 25c to current price today, if you’re in this for a quick dollar there are much better alternatives to choose from. If your are here for the long term?, we are at SP bottom and buying in now has never been better, I’ve been buying small amounts consistently since 30c and probably keep buying up to 1 dollar where we should be, think of it any way you like but if mgt are buying up shares they also need to disclose their holdings as per asx rulings.
Please do your own research as this is not financial advice, as this is my interpretation only.
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