Imagine making the effort - actually going out of your way -
to consistently go to a different forum - of a stock you don't hold -
to take swipe, just to validate yourself in your investing decisions and feel better about yourself,
because you don't actually have the capacity to make your own informed analysis,
to think for yourself, or break away from a group pump mentality.
"everybody look at MGT! they're delusional!
...please??"
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So i was reflecting this morning over a Sunday walk/
We have a good play.
None of this matters. At all. Literally.
Thinking about the global players, especially.
High quality iron ore is in demand, and we have an excellent play.
We are low capex, staged, risk managed,
not to mention our setup gives us the direct opportunity to be significantly green, if not the most 'green' of all the players;
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For anyone who is currently in this industry - you'll know that green is the game,
and is what's pulling the big money.
All these people coming over here, and making so much noise.. it's easy to get wrapped up in.But it just... doesn't matter.
We're going to be fine.
With our CAPEX we're literally a fun side project for a bigger player.
We're a neat little package.
a neat little risk managed, green package in a supported district,
with infrastructure in place, and energy and water readily open to us,
for both initial and expansion (i.e. no hurdles down the track... its all there/).
With Sam Chee and experienced management at the helm, doing their job.
With a low market cap, great product and very significant returns.
Sit back and relax, everyone.
I reckon we'll turn a few heads in London too. For sure.
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MGT
magnetite mines limited.
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8.7¢

Ann: Renounceable Rights Issue to raise up to $15.8M, page-220
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Last
8.7¢ |
Change
0.003(3.57%) |
Mkt cap ! $10.66M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.7¢ | $3.654K | 42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 206026 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 0.087 |
1 | 30000 | 0.085 |
3 | 252995 | 0.083 |
2 | 24833 | 0.082 |
2 | 153712 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 206026 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
0.099 | 20000 | 1 |
Last trade - 15.32pm 07/08/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |