Australia's largest stock trading and investment forum Australia's #1 stock forum

MGT

2.78%

18.5¢ magnetite mines limited.

MGT General and Off Topic Chat, page-1306

First 1306 Last

Share
Profile

Follow
BaconLover

3,212 Posts.

1636

20/01/22

20:33

Post #: 59022508
Share

Originally posted by MrStrengths: ↑

G'day ladies and germs.

I realised last night that i had not done my due diligence on iron ore lately.
That I had a loose plan to jump back in "at some stage",
because i did not want to miss this epic show unfold.

So, to be prepared, i put this Thursday morning into IO research, to give myself a rough idea of when that might be -
I read topics re current market sentiment, China's status and latest movements, as well as more recent long-term economic notions of green steel/premium IO.

It is now Thursday evening, and I am now back in MGT.
Very much so.
In fact i can assert that just over half of today's entire trading volume was me pillaging the 4.1c sell line.

I have a very strong hunch of two things -
1: We may be in for a potential dip/crunch over the next couple months.
2: This time next year we will have a much higher share price than we do now.

I look forward to the coming months ahead,
as we realise more and more the true value of this beautiful resource,
and as we trust management in their continuation of systemically ticking boxes,
with a reliable team, local support and a MASSIVE resource of low-strip ratio, low impurity magnetite,
a solid PFS showing a strongly economically profitable operation in even the worst of times,
and a clown called Daz to keep us all laughing along the way.

May we prosper and get this mine going//
@BullishTrends
@Stocki
@Realinvestor1
@BaconLover

^ Chairman's Address and Presentation to 2021 AGM, November, page 9

Expand

MGT Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

0 Great analysis

Reply

Top Stories

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BUX

Buxton projects new graphite province discovery at WA Narryer play

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 66 more messages in this thread...

First 1306 Last

Add MGT (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change 0.005(2.78%)		Mkt cap ! $21.33M

Open	High	Low	Value	Volume
18.0¢	18.5¢	17.5¢	$14.97K	83.40K

Buyers (Bids)

No.	Vol.	Price($)
1	90014	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	30666	2

View Market Depth

No.	Vol.	Price($)
1	90014	0.175
8	139764	0.170
2	11200	0.165
1	50000	0.160
1	10000	0.155

Price($)	Vol.	No.
0.185	30666	2
0.195	52668	4
0.200	132206	3
0.205	49999	1
0.215	1946	1

Last trade - 15.42pm 04/10/2024 (20 minute delay)

MGT (ASX) Chart

MGT General and Off Topic Chat, page-1306

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

MGT General and Off Topic Chat, page-1306

Top Stories

BCI reaches close of funding facility for salt-first part of Mardie project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News