MGT magnetite mines limited.

Very intelligent post. Mgt need a deposit if it wants to get...

  1. 934 Posts.
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    Very intelligent post. Mgt need a deposit if it wants to get finance. The only way is to get a deposit is through capraises. The higher the share price, the higher capital value, the easier it is to raise bigger amounts through capraises.

    if people think a finance company is going to fund the whole 500m, they have rocks in there head. Mgt needs to contribute atleast 200m, to get a 350m loan. Its just the way it works. Embrace it, and make it happen otherwise mgt will just be an explorer
 
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(20min delay)
Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $10.53M
Open High Low Value Volume
8.6¢ 8.6¢ 8.6¢ $198 2.3K

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 257719 2
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Last trade - 15.37pm 30/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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