This is an updated forecast for +62% Fe as you can see it’s definitely on track compared to the original I posted on 23 November.
The appointment of Mgt new financial advisor Mr Sam Chee coupled with green steel requirements in the future is better outlook for MGT.
If there’s any new announcements regarding funding or part funding prior to DFS this will rocket the SP.
Finally the recent sell off of shares keeping the SP down seems to have ended yesterday from what I have observed, so I purchased a bit more as I expecting next week we should be in the high 3 cent mark before Christmas.
Iron ore forecast, page-35
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $25.07M | |||
| Open | High | Low | Value | Volume |
| 24.5¢ | 25.5¢ | 24.5¢ | $4.029K | 16.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45345 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 9828 | 1 |
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| Last trade - 11.56am 16/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |