MGT 1.69% 29.0¢ magnetite mines limited.

Would the expectation be that MGT would produce themselves, or...

  1. 89 Posts.
    lightbulb Created with Sketch. 44
    Would the expectation be that MGT would produce themselves, or so we believe that they would be bought out by a larger producer? I assume there would have to be a substantially large cap raise to get enough capital to fund production.

    I am not too familiar with how junior explorers go from exploration to production.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
29.0¢
Change
-0.005(1.69%)
Mkt cap ! $28.54M
Open High Low Value Volume
29.5¢ 30.0¢ 29.0¢ $20.35K 69.13K

Buyers (Bids)

No. Vol. Price($)
3 44526 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 38170 1
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.