MGT 5.06% 37.5¢ magnetite mines limited.

Why yes I do....a shite load more than .275 cents...In all...

  1. 2,745 Posts.
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    Why yes I do....a shite load more than .275 cents...

    In all seriousness, the consolidation was terrible for longer term shareholders. Post consolidation did however lay out a palatatable, more enticing proposition for new entrants.

    Enter Tim Dobson. Compare Tim to the HIO fella, Brian and it's laughable. Was a shareholder of HIO well before my holding in MGT. Once the consolidation was done and dusted with Tim at the helm the value of MGT presented far beyond where I felt comfortable in HIO. I jumped ship mid/late 23. Took the loss. Tim simply presented as a far more professional, apt CEO.

    His tenure to date has crossed off many pieces of the pie needed in order to see the project move forward. Many of which i didn't/wasn't aware of.

    I genuinely believe a DFS partner is likely in the next quarter. Unfortunately Brian Grazian, to me, appears to be simply kicking the can down the road at HIO.

    A good CEO like Tim is hard to find for a minnow like MGT. His application to MGT to date has seen state and federal linkage and more to the point discussions with UAE, Japanese and other Asian probabilities/possibilities as far as strategic partnerships. A steal at 27 cents is an understatement.

    In a nutshell, the consolidation provided an opportunity to good to refuse given the management change that took place along with years worth of drilling that got consolidated into what was/is only 77 million shares outstanding. That with the DFS partnerships on its door...have been adding of late.

 
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37.5¢
Change
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Mkt cap ! $36.91M
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40.0¢ 40.0¢ 37.5¢ $30.14K 79.65K

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No. Vol. Price($)
3 118108 37.0¢
 

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38.0¢ 4054 2
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Last trade - 15.07pm 04/06/2024 (20 minute delay) ?
Last
38.0¢
  Change
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39.5¢ 39.5¢ 37.5¢ 25024
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