Australia's largest stock trading and investment forum Australia's #1 stock forum

MGT

Click for more information

0.00%

18.0¢ magnetite mines limited.

MGT $ 1.00 TARGET PRICE 2024, page-644

First 644 Last

Share
Profile

Follow
scared bear

233 Posts.

81

05/09/24

15:37

Post #: 75545736
Share

Originally posted by Rewop: ↑

MGT is fully cooked, any path up from hear is riddled with dilution or terms that screw shareholders. Management have no power in any negotiations they are proudly announcing they are participating in raises that are basically to pay their own wages.

Anyone thinking a deal to do a DFS is going to jolt the SP is deluded, have a look at ARL 98 mill deal to fully fund DFS with Japanese partners SP is down 25% since announcement and they have 15 million in the bank.

It's just bad management simple, people can piss in the wind all they want but sometimes just have to see it for what it is.

Expand

The problem here is we had a PFS and DFS underway, change of plans with no timelines or measurable a and lack of transparency, management and directors need to show more transparency and not this woke agenda, need to be more transparent to regain investors trust

MGT Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

SNX

Sierra Nevada Gold taking an RC rig to Blackhawk, Nevada – in the hunt for silver

IR1

IRIS shows high purity spodumene can be produced from South Dakota's Beecher project

EQN

Equinox makes REE and titanium dioxide discovery at Brazil's Mata da Corda

RGL

Riversgold has rockchips boasting a holy trinity: gold, copper, and antimony. Can it move to drill?

MLS

Metals Australia gears up to drill Big Bell North gold project targeting untapped greenstone

There are more pages in this discussion • 75 more messages in this thread...

First 644 Last

Add MGT (ASX) to my watchlist

(20min delay)
Last 18.0¢		Change 0.000(0.00%)		Mkt cap ! $20.76M

Open	High	Low	Value	Volume
18.0¢	18.0¢	18.0¢	$14	80

Buyers (Bids)

No.	Vol.	Price($)
3	36825	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	22077	1

View Market Depth

No.	Vol.	Price($)
3	36825	0.180
4	92809	0.175
9	185351	0.170
2	11500	0.165
2	90000	0.160

Price($)	Vol.	No.
0.185	22077	1
0.190	50236	2
0.195	8310	3
0.200	132206	3
0.205	49999	1

Last trade - 10.04am 09/10/2024 (20 minute delay)

MGT (ASX) Chart

SPONSORED BY