MGT share price, page-2553

Agree BT. Sell side very thin and likely propped up a little also by those not wanting it to run too hard. I personally hope we don't create a gap on open that might act as a magnet to retreat back to.

Yesterday's news for me is the biggest vote of confidence that the SA government could give. To win this competitive tender process proves that MGT has provided the government with in depth understandings and confidence of how things are currently progressing with Razorback project and also confidence of how they intend to bring the new tenement into production.

I think the market caught on yesterday as to the true multi billion dollar potential of what we have on our hands with current holding of at LEAST 5.5 billion tonnes of high grade magnetite.

For me anything under 4-5c is a gift compared to what we will see following a positive PFS in a few months time where we could see NPAT of anything northward of $50m a year for a starting small operation and work our way up to $500m NPAT a year when producing 10mtpa and a market cap well into the multi billions

Looking forward to the ride and in no way selling a single share until well in production and more