MGT 3.33% 29.0¢ magnetite mines limited.

Plus will be at least one opportunity to get a cap raise price...

  1. 83 Posts.
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    Plus will be at least one opportunity to get a cap raise price top up (either through a retail offer) or on (likely) subsequent fall to cap raise price.

    Simple equation - do you think this mob will get the project to mining or not. High risk/reward. Same deal as 3 days ago.

    I think mgmt are more than competent.

    I think there might be a bit of luck involved in terms of right time/right resource/right jurisdiction/right infrastructure.

    Don’t care how, just has to get there.

    Totally get that punters (including me) were hoping for a run leading to DFS this quarter. As many have said before, speccy mining stocks are difficult to get off the ground and delays are a part of the game.

    As long as they aren’t BS-ing about multiple interested finance partners, IMHO I think we are on track….albeit a painful one for atm.

    You either believe or you don’t. No point bitching every day.

    DYOR/GLTAH…..
 
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Last
29.0¢
Change
-0.010(3.33%)
Mkt cap ! $28.54M
Open High Low Value Volume
29.0¢ 29.5¢ 29.0¢ $3.53K 12K

Buyers (Bids)

No. Vol. Price($)
2 103000 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 5577 1
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Last trade - 11.10am 03/07/2024 (20 minute delay) ?
MGT (ASX) Chart
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