MGT 13.0% 20.0¢ magnetite mines limited.

MGT SHARE PRICE,PRE & POST PFS, page-172

  1. 2,694 Posts.
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    The Squeeze is getting tight and Its not uncommon to break resistance highs on 3rd retests.
    As Q2 is only a couple of weeks away (PFS due in Q2) and we have strengthened our fundamentals and resources with recently acquiring the Muster Dam tenement(s) and a show of SA gov support and potential involvement. IMHO It is definitely achievable. If i had to provide a target for next leg up, I'd put it between 4.5 and 4.8c on the back of news or 3.3-3.5 to continue consolidation until news. (This is not in reference to PFS release just positive news)

    Obviously not financial advice just based on observations and opinions .... and a little TA

    Last edited by BullishTrends: 15/03/21
 
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