MGT magnetite mines limited.

Seriously, mate - use your eyes. You've claimed "super-grade"...

  1. 1,690 Posts.
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    Seriously, mate - use your eyes. You've claimed "super-grade" was HIO's hype machine, and not ours. I'm showing you the press release from MGT in 2021 which I previously referenced whereby they stated they were targeting a "superpremium high grade concentrate".

    And, honestly, c'mon. The lack of progress/actual funding or increase in shareholder value as a result of this consolidation is an objective fact, not a matter of opinion. As things currently stand, no one who has invested in MGT and was upsold by management on the benefits of a 50:1 consolidation has benefitted from this action. Again, this is an objective fact. If management manage to pull a rabbit out of the proverbial hat and pull off some incredible funding/JV agreement with JFE Shoji, then obviously this fact may need re-considering, but as it currently stands, it's an accurate statement of what occurred and how shareholders were somewhat mislead.
 
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(20min delay)
Last
9.4¢
Change
-0.006(6.00%)
Mkt cap ! $11.37M
Open High Low Value Volume
10.0¢ 10.0¢ 9.4¢ $11.68K 119.9K

Buyers (Bids)

No. Vol. Price($)
1 10000 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 80856 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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