MGT magnetite mines limited.

John I’ll make the call at the time based on what’s happening...

  1. 2,288 Posts.
    lightbulb Created with Sketch. 601
    John I’ll make the call at the time based on what’s happening but it would not be the first good project I have left because of bad management.

    It’s been a total Sh#t show and still a way off with significant hurdles, management are either incompetent or deceptive.

    Not sure how much support will come from government, they have just bought land off Iron Road and with AmP energy and Fortescue part funding desalination plant it looks likely DRI magnetite will be focused on the other side of the gulf.

    I am sure MGT will find its feet and continue to hold and see how it plays out, as for never buying this stock well it was a different stock when I bought it and timelines were different so not sure if I trust management to maximise the potential here but will evaluate when we see some progress.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
9.4¢
Change
-0.001(1.05%)
Mkt cap ! $11.37M
Open High Low Value Volume
9.9¢ 9.9¢ 9.3¢ $7.623K 80.41K

Buyers (Bids)

No. Vol. Price($)
1 7856 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 200000 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.