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35.0¢ magnetite mines limited.

agree with this sentiment... as i said in another thread, i am...

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Raptor01

107 Posts.

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17/06/21

20:09

Post #: 53910032
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Originally posted by Lucky99: ↑

From a business management perspective, I believe the bulk of the PFS was completed earlier this month, however they are using the available time to dot the i’s, cross the t’s, making sure everything is looking good, and potentially waiting on some last minute updates/refinements. As it’s an ongoing project, every day, new data and information is flowing through which they can incorporate into the report and they may also be waiting to finalise input from third parties. They may provide at the end of the report an update of where they are currently at and what they are working on, however the DFS will be a completely separate report, released sometime next year.

If the PFS is already complete, then they may be watching the share price and days left till financial year end to determine the ideal time for a trading half/news release.

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agree with this sentiment... as i said in another thread, i am sure the actual PFS document has already been through several rounds of reviews with the controlled version sitting on someones desktop/inbox for signatures... the business is deciding on the most opportune moment to release the announcement taking into consideration macro market conditions and any new information that presents itself

all imo, dyor

MGT Price at posting: 7.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 35.0¢		Change 0.035(11.1%)		Mkt cap ! $35.43M

Open	High	Low	Value	Volume
32.0¢	41.0¢	32.0¢	$201.2K	555.2K

Buyers (Bids)

No.	Vol.	Price($)
6	70970	34.0¢

Sellers (Offers)

Price($)	Vol.	No.
35.0¢	841	1

View Market Depth

No.	Vol.	Price($)
4	10970	0.340
1	10000	0.335
2	8000	0.330
1	2000	0.325
5	24693	0.320

Price($)	Vol.	No.
0.350	841	1
0.360	18216	2
0.365	20000	2
0.370	27000	2
0.390	35000	1

Last trade - 15.09pm 06/05/2024 (20 minute delay)


Last 33.0¢			Change 0.035 ( 5.26 %)
Open	High		Low	Volume
32.0¢	41.0¢		32.0¢	98677
Last updated 15.50pm 06/05/2024 ?

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