MGT 2.04% 24.0¢ magnetite mines limited.

MGT share price, page-3960

  1. 2,694 Posts.
    lightbulb Created with Sketch. 1756
    Now don't you start that instinct nonsense haha jokes.

    Nothing wrong with conservative views, adds a bit of a surprise if we exceed expectations, plus id prefer to see a supported climb as opposed to some ridiculous pump and dump and I can be a little bullish but then again my calls of 5c before PFS, since last year, were bullish too and we have 10 bagged since then lol.

    IMHO our globally significant resource (especially since acquiring the muster dam project, backed by SA gov) combined with the current economic factors should put us at 6-10c based on a quantitative variables alone. Therefore conformation of a major de-risk of our resource from a successful low capex/opex PFS should see us set highs above these targets, hence my prediction of 10-15c on fruition.
    It really all depends on what PFS data will show and if the announcements/updates and work completed to date are any indication of what's to come; then its nothing but blue skies ahead.
    Either way bullish or conservative makes 4.3c look cheap

    Not financial advice
    Always IMO DYOR GLTASH
 
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