MGT magnetite mines limited.

Looking at the "next steps" section, it reads to me that this...

  1. 73 Posts.
    lightbulb Created with Sketch. 34
    Looking at the "next steps" section, it reads to me that this announcement IS the go-forward case. I.e., 5mtpa startup, 10mtpa after 5 years, and further expansion thereafter.

    The next steps are the work required to transform the optimisation study into the DFS.

    Happy to be wrong, but I don't see there being further announcements regarding go-forward case in Q1. The further resource upgrade is 1-2months away (from Tim's interview).

    It is crazy to think that MGT is at ~$42m market cap...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
9.4¢
Change
0.004(4.44%)
Mkt cap ! $11.37M
Open High Low Value Volume
9.1¢ 9.4¢ 9.0¢ $27.07K 299.3K

Buyers (Bids)

No. Vol. Price($)
1 2537 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 248900 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.