MGT 2.78% 18.5¢ magnetite mines limited.

Ann: Entitlement Offer closes raising $1.17M, Shortfall commenced, page-30

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  1. 439 Posts.
    lightbulb Created with Sketch. 131
    And noone will put in a cent until we have certainty especially when they have misled us on previous capital raises. For all we know they could have another couple of capital raises for the mining lease approval (they have done 3 so far and still no submission).

    They could at the bare minimum say "we aim to complete DFS with 6 months of obtaining funding" but we have absolutely nothing. For all we know DFS could be 5 years away. I'm not going to keep throwing cash at these guys on a hope that something happens. There are plenty of other stocks out there with timeframes and bright futures to put money into while this lot sort their shit out. (Hope you're following along Gemma, Peter and Tim).

    And no need for the quarterly next week we already know what's in it.
    - non binding agreements signed,
    - More MOU's (non binding of course)
    - partnership discussions are advancing
 
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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
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Last trade - 15.42pm 04/10/2024 (20 minute delay) ?
MGT (ASX) Chart
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