The whole Green energy landscape has changed significantly over the last 12 months (and isn't a flash in the pan) which i think has increased MGT`s potential to become a significant producer.
This announcement and the below comments are some of the main reasons i have taken a position in MGT. The next 6-8 months will be very exciting indeed
Announcing the appointments, Magnetite Mines’ Executive Chairman & CEO Mr. Peter Schubert said:
“Magnetite Mines is committed to transforming itself into a significant mining business, starting with the
first stage of our Razorback Iron Ore Project, which will produce a premium iron ore product. We have been
building our capability as a company to ensure we succeed in this challenge. Strengthening our Board is a
key element in this journey, both to ensure the highest standards of governance and to ensure that the
Board members have an appropriate range of experience and skills.
Mr. Jim McKerlie said: “It is very exciting to be involved in this significant growth opportunity that has the
potential to not only reward shareholders over the long term, but to make a major contribution to regional
and state development in South Australia. Even more important is the prospect of being part of driving
Australia towards a greener future through the development of the high-quality iron ore the Company has
in its reserves. I look forward to bringing my experience in growing Australian resource companies to
Magnetite Mines and working with the board and management to build a great success story.”
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Ann: Appointment of New Non-Executive Directors, page-16
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Last
37.0¢ |
Change
0.015(4.23%) |
Mkt cap ! $36.42M |
Open | High | Low | Value | Volume |
36.0¢ | 37.0¢ | 36.0¢ | $65.87K | 180.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 5000 | 35.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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37.5¢ | 14870 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 5000 | 0.355 |
1 | 4000 | 0.350 |
2 | 8400 | 0.345 |
2 | 20300 | 0.340 |
2 | 49774 | 0.335 |
Price($) | Vol. | No. |
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0.375 | 14870 | 1 |
0.380 | 29411 | 1 |
0.385 | 9940 | 2 |
0.390 | 28750 | 1 |
0.400 | 46581 | 4 |
Last trade - 15.44pm 13/05/2024 (20 minute delay) ? |
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Last
35.5¢ |
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Change
0.015 ( 2.74 %) |
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Open | High | Low | Volume | ||
36.0¢ | 37.0¢ | 35.5¢ | 33161 | ||
Last updated 15.50pm 13/05/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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