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.
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Last
31.5¢ |
Change
0.045(16.7%) |
Mkt cap ! $31.00M |
Open | High | Low | Value | Volume |
27.5¢ | 31.5¢ | 27.0¢ | $149.6K | 518.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5000 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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31.5¢ | 33790 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5000 | 0.300 |
1 | 9000 | 0.295 |
1 | 2000 | 0.285 |
1 | 45000 | 0.280 |
5 | 30073 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 33333 | 1 |
0.320 | 20000 | 1 |
0.330 | 6000 | 1 |
0.340 | 5309 | 1 |
0.400 | 1600 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
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Change
0.045 ( 18.9 %) |
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Open | High | Low | Volume | ||
27.5¢ | 31.5¢ | 27.5¢ | 45119 | ||
Last updated 15.56pm 03/05/2024 ? |
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