MGT 6.78% 31.5¢ magnetite mines limited.

I’ve been accused of up ramping MGT in the past or in previous...

  1. 542 Posts.
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    I’ve been accused of up ramping MGT in the past or in previous comments here on HC. So I only follow Australian companies and currently everything except some uranium stocks are taking a beating at the moment, with probably more pain still to come.
    In saying what I’ve said above MGT should also be in the mix and currently probably down under 2 cents, but it’s not. Instead MGT is holding firm and I hope I haven’t spoken too soon,
    All we have at the moment is hope that management progress with some positive news on funding in the worst possible scenario we are currently facing geopolitically speaking.
    A lot of junior stocks will disappear or be taken over by larger fish, and MGT is also in that basket IMO.
    Yes I’m frustrated from all the silence management are giving us but the SP hasn’t taken a beating like many other stocks and that’s probably a good indication at the moment of were we are.
    I’m holding tight for now waiting for DFS to be announced
    Last edited by BigJohn1: 05/09/22
 
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