MGT 2.63% 37.0¢ magnetite mines limited.

Unless he has a personal financial interest (MGT shareholder)...

  1. 396 Posts.
    lightbulb Created with Sketch. 313
    Unless he has a personal financial interest (MGT shareholder) with a monetary gain should the SP rise there shouldn’t be a conflict of interest. Which as you state should definitely be declared and with our company all over their Policies (updated last year) ESG etc I highly doubt MGT or AMC would hide anything, let’s face it it would destroy any credibility personally or for either company & our projects.

    As AMC will be contracted to provide the report regardless of the result (it may not be as stellar as we all hope or it could absolutely blow us away and have investors fighting for a stake at the table), yes there maybe a provision for a bonus where they compile the report ahead of schedule or uncover cost savings for the project.

    He would be able to identify correct any mistakes in the report, prior to publication correctly calculate our reserves to the new/updated code. Along with just providing a wealth of experience & knowledge which is invaluable. I believe this will add weight to our DFS and project going forward. Once again we are contracting peer leading companies to assist in developing our mines.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
37.0¢
Change
-0.010(2.63%)
Mkt cap ! $36.42M
Open High Low Value Volume
38.0¢ 38.0¢ 37.0¢ $3.7K 9.908K

Buyers (Bids)

No. Vol. Price($)
3 112688 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 75000 1
View Market Depth
Last trade - 15.52pm 07/06/2024 (20 minute delay) ?
Last
37.0¢
  Change
-0.010 ( 2.63 %)
Open High Low Volume
37.0¢ 37.0¢ 37.0¢ 2000
Last updated 11.09am 07/06/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.