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15.9%

36.5¢ magnetite mines limited.

MGT share price, page-4927

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Chiller

2,985 Posts.

1242

19/04/21

23:14

Post #: 52578473
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Originally posted by BullishTrends: ↑

I remeber MC being and ongoing concern for you and its unfortunate to hear mate but I am very happy for you, you have been around a long time and that would have been some nice profit Plus there is nothing wrong with de-risking financially out of personal concern before a significant announcement. Lets just hope you don't end up kicking yourself or paying to much of a premium to re enter if news is catalytic.
Personally I believe we were just a basement buy 12 months ago and I'm not one to look a gift horse in the mouth haha.

IMO Based on a quantitative and fundamental analysis we are only starting to become fairly valued (IMO 200-280mil MC) entering our current range and being in pre PFS stages of our projects.
Once a successful PFS comes, even if its a small cost effective operation, it will derisk our company and project significantly and only value us higher. We have the resources, management, endorsements, tech, infrastructure, economic climate, strategy to drive this to sucess and expansion pathways to grow there after.
We just need the de-risk to realise the potential.

Like you said each to their own and I'm glad your more comfortable with your level of holdings now

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May be this is the catalytic converter BT.

MGT Price at posting: 7.0¢ Sentiment: None Disclosure: Held
13 Upvote

0 Great analysis

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(20min delay)
Last 36.5¢		Change 0.050(15.9%)		Mkt cap ! $36.42M

Open	High	Low	Value	Volume
32.0¢	41.0¢	32.0¢	$174.4K	479.2K

Buyers (Bids)

No.	Vol.	Price($)
1	6000	34.5¢

Sellers (Offers)

Price($)	Vol.	No.
36.5¢	95421	3

View Market Depth

No.	Vol.	Price($)
1	6000	0.345
2	34408	0.340
4	21500	0.335
2	7000	0.330
5	24693	0.320

Price($)	Vol.	No.
0.365	95421	3
0.400	20000	1
0.405	13600	1
0.415	2000	1
0.420	4500	1

Last trade - 12.31pm 06/05/2024 (20 minute delay)


Last 35.0¢			Change 0.050 ( 11.6 %)
Open	High		Low	Volume
32.0¢	41.0¢		32.0¢	50517
Last updated 12.36pm 06/05/2024 ?

MGT (ASX) Chart

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