MGT Chart

Lools like it's going to get setup as a flag, I'd expect it to trade in the range of 0.7~1.2 while everyone who got in cheap as right at this moment it has 8 bagged in the last 3 months or so and we're all waiting on news.

Start of the pole is 0.3c and top of the last candle excluding the wick is 1.2c giving us a short term target of ~2.1c for the next wave if it plays out. (1.2 - 0.3 = 0.9, 0.9 + 1.2 = 2.1c)

They'll be wanting those 5c options in the money so with some good management and more media exposure on the project it can certainly get there IMO.

Long term I think we all know this thing is worthy of 10c+. Will take a few waves to get there as people lock in profits on it's way up.

Some good news about the farm-in agreement with BMD, the NextOre trial (both due very soon), news on how the SA government will be allocating part of the $10B of their magnetite strategic plan to the Braemer region, the PFS and subsequent commencement of phase 2 and whatever else MGT might have hiding up their sleeve will be the driving factors to get it really cranking.

GLTAH & DYOR!