MGT magnetite mines limited.

Thanks to a few members from the other forum for this. Please...

  1. 1,152 Posts.
    lightbulb Created with Sketch. 326

    Thanks to a few members from the other forum for this. Please update as see fit, especially if dates or data can be 100% confirmed via an announcement.

    So far the positive announcements have been;


    -110km Strike Length

    - Renewable Energy Supply (100% by 2030)

    - 6 Billion tonnes >68% High Grade Concerntrate (Low impurities is the kicker here - easier processing)

    - Confirming Grade to produce Direct Reduction Pellet Feed Concerntrate

    - GFG Alliance MOU for Port Services (also in discussions on best ways to work together)

    - Existing Rail infrastructure connected to Port close by, around 50km of Razorback

    -Excellent board members

    -Flow sheet confirmed to be efficient. Hatch also announcing that they are excited to be a part of MGT’s story



    Announcements due;


    - Optimisation study - March

    - Go forward position - March

    - MGTOE options expiry - May

    - Half yearly report

    - DFS - Q2/Q3 (timeline not confirmed)

    - 3rd quarter report

    - Notice for AGM


    Other announcements that can happen at any time and are speculative for now;


    - Interim reports "over the coming weeks" (March)

    - Update to market regarding native title.

    - Finance / Strategic partner or similar between optimisation study and DFS

    - Binding agreements between GFG alliance and MGT (around DFS completion)

    - Government approval (DFS)

    - Confirmation of exact mTpa upon start up

    -Update on water

 
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.
(20min delay)
Last
8.3¢
Change
0.000(0.00%)
Mkt cap ! $10.04M
Open High Low Value Volume
8.5¢ 8.5¢ 8.3¢ $1.996K 23.90K

Buyers (Bids)

No. Vol. Price($)
1 1000 8.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 2000 1
View Market Depth
Last trade - 14.49pm 01/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.