MGT 2.78% 18.5¢ magnetite mines limited.

MGT share price, page-10488

  1. 3,030 Posts.
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    That's my thinking too.

    If that line gets approved, it's fat tick of confidence in the project.

    Together with some of the future-focussed language used in the recent quarterly,
    we are looking the goods, and very, very much the goods.

    I'd just like to remind everyone that acknowledging current premiums, our market cap is currently one tenth of our lowest examples' case NPV.
    at 150c IO price, we are 1/14th (calculating premiums (and still conservative)) of our go-forward case NPV.

    We have DFS and funding due in less than 12 months.

    I'm going to make this really practical for everyone who still reads that as Greek -
    *This share price may quadruple in the next 12 months - and we would still not be matching half our go-forward NPV./*

    We have 4 quarters of funding left.

    You can't make this stuff up... screaming value here.
 
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