A post to try and bring together all the important dates.
From progress update webinar 17th july 2024
Signing with Shoji - 18:45
Aim to execute JFE definitive agreement by 31 jan 2025
"that's not the intended date of the agreements(jan31). Both parties have committed to working as rapidly as possible to move towards getting these definitive agreements signed, which will then unlock the funding."
Secondary funding partner - 19:35
"There's one other transaction in the pipeline that we're not ready to announce yet, and there's no guarantee that we'll get there, but its an extremely well advanced transaction that we hope to be able to finalise in the coming weeks"
Timing on completion of DFS - 20:50
"our priority is to secure the funding to get us to FID. And once we've got that funding secured we will trigger immediately the resourcing required to push this project through to FID.""That accurate engineering has a shelf life. So we don't want to trigger that piece of work until we have the funding in place to complete it and a line of sight to the FID on the other end."
Overall timelines - 22:36
"To answer the question succinctly we will be sharing with shareholders the budget and timeline to get this project to FID once we have the binding funding in place and in our bank account. And that's to come in the near future."
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magnetite mines limited.
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8.7¢ |
Change
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Mkt cap ! $10.66M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.7¢ | $3.654K | 42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 1585 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.086 |
1 | 30000 | 0.085 |
1 | 18716 | 0.084 |
3 | 252995 | 0.083 |
2 | 24833 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 7052 | 1 |
0.088 | 1585 | 1 |
0.089 | 18784 | 1 |
0.090 | 206026 | 2 |
0.092 | 100000 | 1 |
Last trade - 15.32pm 07/08/2025 (20 minute delay) ? |
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