MGT had the markets attention when pushing 10cents before PFS. $300m market cap or more. Someone set some unrealistic expectations for the pfs for the price to reach those levels.
then the MGT PFS dropped the truth. Which is it needs long term $120+ base iron ore price for a decent return. No one is forecasting that…….that may happen but there are a few projects in front in the queue on those metrics.
Ann: Renounceable Rights Issue to raise up to $15.8M, page-183
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $20.57M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.0¢ | $82.42K | 452.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 137970 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 31622 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |