MGT magnetite mines limited.
Add to My Watchlist 4.44% ! 9.4¢

If the study finds salty water is suitable for use in the...

  1. Jas K
    735 Posts.
    lightbulb Created with Sketch. 353
    clock Created with Sketch.
    08/09/23
    06:25
    Post #: 69778625
    If the study finds salty water is suitable for use in the elaborate process of beneficiation, they want to be sure there is still sufficient money being generated with the mega cost of these options after AISC.

    Any cash generated would have to be split 2 ways.
    Paying back the finance of the project.
    Replacing the entire beneficiation plant as it would be eaten away by salt after 5 years maximum.
    And there goes any upscale futere plans Lol......
    MGT Price at posting: 35.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Many are concerned about global falling birthrates. This diverse stock has solutions
right-arrow Created with Sketch.
NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
NEWS Infill Drilling at La Negra Returns High-Grade Silver with Standout 28m at 507gpt
right-arrow Created with Sketch.
LU7 Lithium Universe Acquires Global Rights to Transformative Solar Panel Recycling Technology
right-arrow Created with Sketch.
NEWS INOVIQ Kills 88% of Lung and Breast Cancer Cells with New Lab Treatment
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
9.4¢ 		Change
0.004(4.44%) 		Mkt cap ! $11.37M
Open High Low Value Volume
9.1¢ 9.4¢ 9.0¢ $27.07K 299.3K

Buyers (Bids)

No. Vol. Price($)
1 2537 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 248900 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.