MGT 16.7% 31.5¢ magnetite mines limited.

Yes next2us,QPM also has a big capex hurdle to overcome and the...

  1. 2,179 Posts.
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    Yes next2us,

    QPM also has a big capex hurdle to overcome and the recent CR was at a 25% discount which wasn't popular.

    I hadn't held this for last 2 years but took advantage of above and bought last week at 6.6 cents. Nice rise today so now in the money.

    Its an EV battery stock so cant directly compare to a magnetite junior but IMO, it's got far more chance of getting funded and into production than HIO and MGT.


 
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