MGT magnetite mines limited.
Add to My Watchlist 1.16% ! 8.5¢

Cranium just be careful with your recommendations as there are...

  1. MGT4eva
    1,130 Posts.
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    15/08/22
    10:54
    Post #: 63114786
    Cranium just be careful with your recommendations as there are emerging tech DRI + Submerged Arc Furnace (SAF) which allows low grade hematite to be used with DRI. Google it. This hasn't been tested on an industrial scale + will probably be 3-5 years away but it is a valid risk if MGT hits any unexpected delays in funding/path to production. Also something worth noting is the currently geopolitical situation with China/Russia. Nothing to worry about for now but something worth considering in your discussions with them (if you are planning to anyway).

    Anyway, that aside, Loving the price action today!
    Last edited by MGT4eva: 15/08/22
    MGT Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
8.5¢ 		Change
-0.001(1.16%) 		Mkt cap ! $10.53M
Open High Low Value Volume
8.6¢ 8.6¢ 8.5¢ $2.838K 33.2K

Buyers (Bids)

No. Vol. Price($)
2 104 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 15868 1
View Market Depth
Last trade - 13.10pm 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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