MGT magnetite mines limited.

No point getting into a slagging match... there is plenty of...

  1. 938 Posts.
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    No point getting into a slagging match... there is plenty of that already on this stock
    I will share my points for investing smile.png

    I managed to get in on MGT early last year so i have a decent average SP up my sleeve and have bought all the way to the top and back down again.. haha

    The first reason i got into because i heard a whisper the airport had 800k upgrade in Peterbourgh and that recently the pub and few commercial properties had changed hands... this is highly unusually for a small town in the middle of no where.. (this also is a definition of a pub share)

    The more i researched into MGT i found there management to be excellent and are adding more highly credentials employees to the payroll (Allan Kane for example).. I also like the future in green steel and that a lot of countries will be spending on infrastructure to stimulate their economies post COVID... you only need to look around the mid north region and look at all the windfarms and Jamestown solar project etc

    Then you have the SA govt and their magnetite strategy (granting us Muster dam) and my gutfeel is that we will do something with the Whyalla steelworks.. also the PFS shows that the project is economical and i like the fact we are using existing infrastructure etc

    There are few decent people on this thread as well give them a follow (dizzan, stocki, Mrstrenghts, bullish, Bacon just to name a few)

    just my two sense mate and i hope it makes sense..

    all the best in your investing journey


 
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(20min delay)
Last
9.1¢
Change
0.008(9.64%)
Mkt cap ! $11.04M
Open High Low Value Volume
8.7¢ 9.1¢ 8.7¢ $15.08K 168.8K

Buyers (Bids)

No. Vol. Price($)
1 47 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 50000 1
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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