MGT magnetite mines limited.

Sure he may well have a good CV and $500,000 a year is a decent...

  1. 2,287 Posts.
    lightbulb Created with Sketch. 601
    Sure he may well have a good CV and $500,000 a year is a decent remuneration.

    I don’t think I was misleading particularly because I didn’t say he hasn’t achieved anything.

    I said zero milestones of any significance.

    I am not questioning his 500k salary it’s the 800k performance rights and it’s structure.

    In brief the rights are given at the start and then the board decides what % are kept, there doesn’t seem to be definitive targets .

    Happy to be corrected on that as I only had a brief read.

    Anyway any explorers that want him can have him haha

    Sadly you may be right and he will cash out and walk away.

    Hopefully something good plays out here.

    I am out but told my daughter to put $500 bucks in before the consolidation she’s a uni student so it’s a big deal for her.

    (I am probably gonna have to subsidise her loss) it’s a dad thing I guess haha
 
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
-0.006(6.00%)
Mkt cap ! $11.37M
Open High Low Value Volume
10.0¢ 10.0¢ 9.4¢ $11.68K 119.9K

Buyers (Bids)

No. Vol. Price($)
1 10000 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 80856 1
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.