Yeah! No Worries, I’ll point you to the wright direction mate,...

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Tony Coles

349 Posts.

65

21/07/22

19:42

Post #: 62661826
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Originally posted by Sisu123 ↑

been a while since I have written in here, last time it was about where MGT were getting their half billion $ for their project to get off the ground.

I called 2.4c as the low and it dropped just below, which has gotten me interested, this was around 9 months ago I believe, not much has changed, unless I am missing something.

I am looking to buy in at these levels if I can be pointed to the funding arrangements for the project to actually move forward as a mine rather than continued exploration,

the reason this is important to me is that we already know there is a huge deposit, and the fundamentals all support this as a viable project

HOWEVER, I cannot seem to find anything about the seeking of funding to actually make this a reality.

I'm always happy to speculate on stocks, but this is at the hairy end of, are we going to mine ? or are we going to keep digging holes ?

100M market cap I think is fair for this stage of the project, but given no finance plan in place that could be halved as investors grow weary of whether it will stay an untapped resource until a conglomerate wants to buy it off them, due t them not having the capacity to organise payment and a finance plan moving forward

TIA- to anyone who can provide the financing plan

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Yeah! No Worries, I’ll point you to the wright direction mate, after I take you off IGNORE, where’s the ignore button, aahhhh there it is, cya mate, all other genuine share holders should do the same too. Have a good nite!

MGT Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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