MGT magnetite mines limited.
Add to My Watchlist 1.18% ! 8.6¢

Ann: Renounceable Rights Issue to raise up to $15.8M, page-186

  1. MrStrengths
    3,211 Posts.
    lightbulb Created with Sketch. 1502
    clock Created with Sketch.
    22/04/22
    17:54
    Post #: 60976405
    So... no.

    We are at 20% IRR for 110, Headgrade Improvement case (i.e. the ongoing assumed working parameter).
    Breakeven cost is sitting @ $53 (@62% fe) for plant optimised case, and $40 bucks once expansion integrated.

    Sigh.

    Gonna keep posting these until it sinks in for folks;

    https://hotcopper.com.au/data/attachments/4283/4283445-9ad2ee9a7595402aa99b43f4b198e369.jpg
    https://hotcopper.com.au/data/attachments/4283/4283450-1bd3fa9dcefbe326dc1eb7e5e30c390e.jpg
    -------------------------------------------------------------------------------
    Re breakeven;

    https://hotcopper.com.au/data/attachments/4283/4283464-0836068d85de153c2e27ffc4d39d5812.jpg

    Last edited by MrStrengths: 22/04/22
    MGT Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch. 5  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Harness the power of Australia’s leading investor community
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
NEWS Access the Latest ASX news daily on HotCopper
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
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
8.6¢ 		Change
0.001(1.18%) 		Mkt cap ! $10.53M
Open High Low Value Volume
8.6¢ 8.6¢ 8.6¢ $198 2.3K

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 257719 2
View Market Depth
Last trade - 15.37pm 30/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.