Two points I feel are worth noting,
acknowledging Glennj74 pulled apart the rest;
So from this, I'm gathering;
- Expansion is not just a 'side option'. It's practically being secured as the go-ahead at this point. This is pretty significant.
- They're expecting the substantial re-rate as much as we are. Should be worth the wait. It's a great sign to be hearing it from the company itself, in such clear wording.
I feel very strongly that MGT is currently a very, very good investment opportunity.
Our current market cap is 85m.
Our smallest NPV, stage 1, at 110 IO price, is $669m - by 2025.
half of that is $335m.
We could literally 4-bag from here and hit only half our lowest indicated NPV.
Our single step expansion NPV at 110 is $2069m
to reach this figure from where we are currently, we would need to bag our current share price 24 and a half times.
At IO 150 its 4100m. That's almost a 50-bag from here.
Not including realistic premiums,
and JUST for razorback.
...and all we're waiting for is a funding plan - indicated to be Christmas time.
What the freaking eff is wrong with this market.
- Forums
- ASX - By Stock
- Ann: Rights Issue Closes, Secures $15.8Mn as Targeted
MGT
magnetite mines limited.
Add to My Watchlist
8.24%
!
7.8¢

Two points I feel are worth noting,acknowledging Glennj74 pulled...
Featured News
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.
|
|||||
Last
7.8¢ |
Change
-0.007(8.24%) |
Mkt cap ! $9.439M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 7.8¢ | $13.25K | 167.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52473 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 13607 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52473 | 0.076 |
2 | 173333 | 0.075 |
2 | 55723 | 0.072 |
2 | 65774 | 0.071 |
2 | 34299 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 13607 | 1 |
0.080 | 77741 | 1 |
0.082 | 50000 | 1 |
0.085 | 35294 | 1 |
0.087 | 123555 | 1 |
Last trade - 15.37pm 26/06/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |
The Watchlist
PTX
PRESCIENT THERAPEUTICS LIMITED
James McDonnell, CEO
James McDonnell
CEO
Previous Video
Next Video
SPONSORED BY The Market Online