Facts are MGT have a BIG pile of LOW grade Magnetite ore sitting in the middle of no where rendering it UNECONOMICAL and too risky to develop. These are well known FACTS.
No power
No water
No road infrastructure
No port
No offtake agreement
No funding partners
All the evidence you need is in the above and has been for 15 year's.
The green movement, unfortunately, won't be enough to see this develop and sustain a profitable future.
MGT $ 1.00 TARGET PRICE 2024, page-111
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Last
33.5¢ |
Change
0.040(13.6%) |
Mkt cap ! $32.97M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.5¢ | 31.5¢ | $15.82K | 48.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1300 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 2000 | 1 |
View Market Depth
| Last trade - 12.53pm 18/06/2024 (20 minute delay) ? |
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Last
33.5¢ |
Change
0.040 ( 3.08 %) |
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| Open | High | Low | Volume | ||
| 33.0¢ | 34.0¢ | 32.0¢ | 21627 | ||
| Last updated 12.53pm 18/06/2024 ? | |||||
| MGT (ASX) Chart |