Some light reading for the weekend. This was where I checked for potential first when I heard about MGT a few months ago. Most of you may have already seen this, but for those who haven't, here is the link:
https://www.energymining.sa.gov.au/minerals/about_us/initiatives/magnetite_strategy#q=magnetite
Looks like SA government would want this to be successful.
"If South Australia can capitalise on these deposits and increase the output of magnetite exported each year there will be significant opportunities for economic growth and jobs in the supply chain around this industry."
Exciting times ahead. Will see some turbulence along the way, but if we are patient, this will be very special.
IMHO.
MGT share price, page-191
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Last
31.5¢ |
Change
0.045(16.7%) |
Mkt cap ! $31.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 31.5¢ | 27.0¢ | $149.6K | 518.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 33790 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
0.045 ( 18.9 %) |
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| Open | High | Low | Volume | ||
| 27.5¢ | 31.5¢ | 27.5¢ | 45119 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| MGT (ASX) Chart |