For anyone that has been following MGT for a while, it’s very clear they have been working through this project very strategically. Building the initial business case, demonstrating the project value, identifying a clear path to production with an initial low cost set up through to expansion, installing a new CEO to take things to the next level, building up a very strong leadership team/board to drive activities and so on. Funding will come, Off-takes will appear, momentum will build and MGT will grow.
Yes the share price is suffering at the moment, but I believe management’s focus is on putting everything in place to succeed and the share price will follow.
Exciting times ahead.
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MGT
magnetite mines limited.
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1.18%
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8.6¢

For anyone that has been following MGT for a while, it’s very...
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Last
8.6¢ |
Change
0.001(1.18%) |
Mkt cap ! $10.53M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 8.6¢ | $198 | 2.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15984 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 257719 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15984 | 0.086 |
1 | 10000 | 0.085 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 257719 | 2 |
0.091 | 59558 | 1 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 15.37pm 30/07/2025 (20 minute delay) ? |
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MGT (ASX) Chart |