MGT magnetite mines limited.

1.18%

8.6¢

Part of the original pump I believe was also due to an investor...

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Orey7895

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23/04/22

11:27

Post #: 60984248
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Originally posted by Glennj74: ↑

HIO was fully funded too, yet their price went up despite needing more money. If not yet showing up then just wait for quarterlies. You can't have several rigs drilling for 6 months without burning lots of cash. Especially when you include all the extra work for BFS. they gave shares away to insto's so and I am wondering if the big pump at the moment is so they can access some more money. If that's the case then Kudos to them. Well played. But at the end of the day being funded till dfs may have been possible pre boom. Now everyone is trying to secure drill rigs and the labs are overflowing with core all your costs have gone up 30-50%. People also want better figures so you have to do more work. Nothing comes for free.

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Part of the original pump I believe was also due to an investor report which was released quoting incorrect figures about it's peers. It has since been redacted and errors fixed.

MGT Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.6¢		Change 0.001(1.18%)		Mkt cap ! $10.43M

Open	High	Low	Value	Volume
8.8¢	8.8¢	8.6¢	$2.791K	31.77K

Buyers (Bids)

No.	Vol.	Price($)
3	54189	8.6¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	259408	3

View Market Depth

No.	Vol.	Price($)
3	54189	0.086
2	57119	0.085
1	30000	0.083
1	36585	0.082
2	206600	0.081

Price($)	Vol.	No.
0.090	259408	3
0.092	100000	1
0.094	19800	1
0.095	6779	1
0.098	1200	1

Last trade - 15.48pm 25/07/2025 (20 minute delay)

MGT (ASX) Chart

Part of the original pump I believe was also due to an investor...

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

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ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

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Featured News

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Top Stories

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Buyers (Bids)

Sellers (Offers)

Featured News