For anyone that has been following MGT for a while, it’s very clear they have been working through this project very strategically. Building the initial business case, demonstrating the project value, identifying a clear path to production with an initial low cost set up through to expansion, installing a new CEO to take things to the next level, building up a very strong leadership team/board to drive activities and so on. Funding will come, Off-takes will appear, momentum will build and MGT will grow.
Yes the share price is suffering at the moment, but I believe management’s focus is on putting everything in place to succeed and the share price will follow.
Exciting times ahead.
Ann: Director Appointment/Resignation, page-18
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25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $25.55M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.0¢ | $24.48K | 97.66K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 23253 | 25.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 2558 | 1 |
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| MGT (ASX) Chart |