In your specific case what I was referring to is not iron ore price but MGT's
You are half right though, MGT will supply lots of iron ore, when the current hematite iron ore supply is depleting fast with an ever cheap lower grade, MGT will take over with premium grade magnetite iron ore supply.
MGT
magnetite mines limited.
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7.0¢

MGT share price, page-10117
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Last
7.0¢ |
Change
-0.007(9.09%) |
Mkt cap ! $8.824M |
Open | High | Low | Value | Volume |
7.7¢ | 7.7¢ | 7.0¢ | $74.96K | 1.044M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 209141 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 921 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 209141 | 0.070 |
1 | 138000 | 0.068 |
1 | 50000 | 0.067 |
2 | 24500 | 0.065 |
1 | 20000 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 921 | 1 |
0.075 | 15384 | 1 |
0.078 | 7633 | 1 |
0.084 | 6000 | 1 |
0.090 | 206026 | 2 |
Last trade - 16.10pm 11/08/2025 (20 minute delay) ? |
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