MGT magnetite mines limited.
Add to My Watchlist 1.14% ! 8.9¢

So HIO still needs $1.8 BILLION , MGT needs $600 million...

  1. Irongrilled
    832 Posts.
    lightbulb Created with Sketch. 431
    clock Created with Sketch.
    16/02/22
    13:47
    Post #: 59610369
    So HIO still needs $1.8 BILLION , MGT needs $600 million .......HIO dont have 200 million yet either. They have a $200 million drawdown facility which if used will cause the issue of extensive shares/options which could potentially lead to whats known as a "death spiral finace". Not at all saying that will happen just that its a bit rich to say HIO is much more transparent/better situation.
    MGT Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Access all the latest ASX news here
right-arrow Created with Sketch.
RC1 Redcastle Delivers Positive Scoping Study for Queen Alexandra
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
NEWS Opportunities like this don’t last—register and get started today
right-arrow Created with Sketch.
NEWS Oz core inflation at 2.7%; August cut odds still unclear; ASX200 rises
right-arrow Created with Sketch.
NEWS The Watchlist - Hear from ASX Leaders!
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
8.9¢ 		Change
0.001(1.14%) 		Mkt cap ! $10.90M
Open High Low Value Volume
8.8¢ 8.9¢ 8.8¢ $2.975K 33.58K

Buyers (Bids)

No. Vol. Price($)
1 100000 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 57411 2
View Market Depth
Last trade - 11.13am 01/08/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.