"Without any pressure, even the announcements of the mining lease and the finishing of the DFS will not move this forward."
I'm sorry..what?
I thought you were one of the few posters on this forum who didn't post absolute nonsense, Boogie. Don't prove me wrong now.
As if announcements of either the ML grant or the DFS completion wouldn't CREATE the buying pressure which would start to kick off the re-rate..
Anything that gets the company closer to a Final Investment Decision/Decision to Mine is considered a de-risking event, and would almost certainly cause an increase in the valuation of the company from its current abysmal low.
MGT $ 1.00 TARGET PRICE 2024, page-532
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $26.06M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $7.843K | 30.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 54153 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 9600 | 1 |
View Market Depth
| Last trade - 13.43pm 02/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |