MGT 5.56% 19.0¢ magnetite mines limited.

Ann: Razorback Iron Ore Project Mineral Resource Upgrade, page-34

  1. 544 Posts.
    lightbulb Created with Sketch. 420
    Well yes the JORC Resource upgrade is always great news and this just adds to the pie.

    I think a key takeaway mentioned about MGT mining /money printing is below that was further down in the document.

    My major takeaway that is I feel people have overlooked is:

    - Mass Recovery of Mineral Processing ore at Razorback has increased 3.21%
    - Mass Recovery of Mineral Processing ore at Iron Peak has increased 8.00%
    - Indicated Resource Classification up 50%
    - Pre PFS release to activate options and add to cash balance ( Fantastic, experienced and driven management )

    https://hotcopper.com.au/data/attachments/3205/3205509-2c359a83537bb4b5db977a07bcf642d5.jpg
    https://hotcopper.com.au/data/attachments/3205/3205498-e85ec2b16fd64878a6ed2c34dbc59c4f.jpg

    GLTAH - you all deserve it!
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
19.0¢
Change
0.010(5.56%)
Mkt cap ! $19.44M
Open High Low Value Volume
19.0¢ 19.0¢ 19.0¢ $570 3K

Buyers (Bids)

No. Vol. Price($)
2 2081 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 94170 6
View Market Depth
Last trade - 10.04am 13/09/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.