MGT magnetite mines limited.

Not sure they would sink the company, Initial payments from AMP...

  1. 2,287 Posts.
    lightbulb Created with Sketch. 601
    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.
 
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.