MGT 1.39% 35.5¢ magnetite mines limited.

Each time I've purchased over the past week it's dropped back...

  1. 2,732 Posts.
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    Each time I've purchased over the past week it's dropped back simultaneously. Enter fun and games and what ultimately looks like serious accumulation.

    For my mind, it looks like a serious spike is on the cards.

    Heaven knows once they announce the strategic partner where this will end up at?!

    Happy to be an early bird.

    -77m shares outstanding (consolidation post resource drilling)
    - Resource truly world class.
    - MKT Cap on this world class resource?.,.................wait.for it...................,...................,.........................................................
    - $26m?!... 6 Billion tonne resource at $26m mkt cap. Add to that it's weeks away from apply for its mining lease. Across all segments of pre DFS its well on the path.
    - DFS and Strategic Partnerships on the cusp in the coming quarter
    - Why wouldn't they contribute a measly piddance to aid DFS for decades of a 6 Billion tonne Resource?

    = A great buy at sub .30 cents. Post consolidation/drilling has made this a rare opportunity.





 
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Last
35.5¢
Change
-0.005(1.39%)
Mkt cap ! $34.94M
Open High Low Value Volume
35.5¢ 36.5¢ 35.5¢ $30.01K 83.35K

Buyers (Bids)

No. Vol. Price($)
2 116066 35.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 14870 1
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Last trade - 16.10pm 21/05/2024 (20 minute delay) ?
Last
35.5¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
36.5¢ 36.5¢ 35.5¢ 22957
Last updated 15.58pm 21/05/2024 ?
MGT (ASX) Chart
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