You are all fools. Iron Ore price is dropping like a iron balloon, and you think someone with a magic wandke will save you? Dreams are free. This story keeps going round and round in circles but doesn't progress. The market is against you and iron ore will be sub $80 by December and Mgt will be 1c range bound, and will sit there with more subsequent capital raising while doing nothing material until the next iron ore upturn in late 2025 at which point the goal posts for production will be 2029.. it just isn't going to happen. Options are toast.DFS is an economic "shelved project". Don't say you haven't been warned.
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MGT
magnetite mines limited.
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2.33%
!
8.8¢

You are all fools. Iron Ore price is dropping like a iron...
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Last
8.8¢ |
Change
0.002(2.33%) |
Mkt cap ! $10.41M |
Open | High | Low | Value | Volume |
8.6¢ | 8.8¢ | 8.5¢ | $3.717K | 43.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12784 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 15167 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12784 | 0.085 |
1 | 26199 | 0.083 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 15167 | 2 |
0.090 | 257719 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 14.34pm 31/07/2025 (20 minute delay) ? |
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MGT (ASX) Chart |