MGT 1.67% 30.5¢ magnetite mines limited.

Ann: Update on Razorback Farm-In Offer, page-2

  1. 51 Posts.
    lightbulb Created with Sketch. 98
    With MGT current MC around $4.5m and over $1m cash in the bank I would have thought this announcement of $5m plus $5m plus $10m investment for 49.99% should rattle the can a bit.....alas but nothing my dear friends...time will tell.
    Don't forget that MGT/ROY have already dropped over $30m in the kitty with exploration costs to date.
    Seems very undervalued.
    DYOR
 
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