MGT magnetite mines limited.
Add to My Watchlist 11.5% ! 7.7¢

Ann: Renounceable Rights Issue to raise up to $15.8M, page-70

  1. GoldStar112
    1,041 Posts.
    lightbulb Created with Sketch. 438
    clock Created with Sketch.
    19/04/22
    21:07
    Post #: 60922310
    Actually

    Have just re-read this announcement

    "Funds raised will be used to materially complete technical investigations and engineering for the DFS"

    What does materially complete mean? This wording doesn't even categorically state that the raise funds will be sufficient to complete the DFS!

    DYOR
    MGT Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
7.7¢ 		Change
-0.010(11.5%) 		Mkt cap ! $9.436M
Open High Low Value Volume
8.3¢ 8.9¢ 7.7¢ $119.6K 1.486M

Buyers (Bids)

No. Vol. Price($)
2 92063 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 54874 1
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.