MGT magnetite mines limited.
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My understanding:Production cost = $53USD/t.Current 62% Fe price...

  1. Franciscus
    1,707 Posts.
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    06/05/22
    16:28
    Post #: 61255730
    My understanding:
    Production cost = $53USD/t.
    Current 62% Fe price = $144.90USD
    Current 65% Fe price = $173.75USD
    Likely 69% Fe price = $200+ USD??
    Likely 69% Fe Pellets price = $250+++ USD???
    Assume $200USD/t profit then => $564M AUD profit per annum => CONVERT YOUR MGTREs, people!!
    MGT Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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7.9¢ 		Change
0.001(1.28%) 		Mkt cap ! $9.560M
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8.0¢ 8.0¢ 7.9¢ $2.675K 33.48K

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No. Vol. Price($)
1 10900 7.9¢
 

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Price($) Vol. No.
8.0¢ 73652 2
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Last trade - 10.30am 27/06/2025 (20 minute delay) ?
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