Not sure they would sink the company, Initial payments from AMP energy plus royalties that are capped at over 400 million plus cash from land sales.
If anything they provide non diluted funding and buy time.
DFS is being updated they have commissioned WSP to do costings on slurry pipeline from desal plant to mine which is due this quarter and also mentioned as the preferred option by interested parties.
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MGT
magnetite mines limited.
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9.4¢

Not sure they would sink the company, Initial payments from AMP...
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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($) | Vol. | No. |
---|---|---|
9.5¢ | 80856 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.093 |
6 | 95000 | 0.090 |
1 | 10000 | 0.089 |
1 | 17500 | 0.086 |
1 | 36585 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 80856 | 1 |
0.100 | 289999 | 1 |
0.105 | 101476 | 1 |
0.110 | 14818 | 3 |
0.115 | 44733 | 3 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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MGT (ASX) Chart |