MGT magnetite mines limited.

yeah I took $70 profit per ton using a P/E ratio of 10 at 77m...

  1. 1,130 Posts.
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    yeah I took $70 profit per ton using a P/E ratio of 10 at 77m shares and applied 30% discount= $31/share and halved that to a conservative $15/share. I know it's a 5-10 year play but some work for 30 years and are no where close to retirement. 7 years will fly by so quickly when you have a child. All good, I know what I'm doing.

    can't wait to see who is on the other end of this negotiation. nippon steel? rio/bhp/fortescue? posco? kinda/bahrain/Arian steel? meranti steel in Singapore? next 3 months is going to be exciting. let's go mgt!!
 
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(20min delay)
Last
9.4¢
Change
0.004(4.44%)
Mkt cap ! $11.37M
Open High Low Value Volume
9.1¢ 9.4¢ 9.0¢ $27.07K 299.3K

Buyers (Bids)

No. Vol. Price($)
1 2537 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 248900 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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