MGT 3.39% 30.5¢ magnetite mines limited.

I was wondering about that too. They keep mentioning that the...

  1. 149 Posts.
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    I was wondering about that too. They keep mentioning that the PFS is well advanced, but what do they actually mean by this? If they are ahead of themselves, then you would think an earlier release date would have been on the cards, not leave it to the last minute. But perhaps it has been completed and now they are advancing to next stages and have completed work or well advanced on other work that wasn’t due to happen till later on, such as already having funding in place for DFS and other work.

    I’m leaning towards a trading halt on June 30 and then release on July 1st. With the lead up till the end of the month, the share price may continue to rise. A trading halt will then stop any last minute sell offs for tax purposes, and then with an announcement on July 1st, people will jump back in the market and away we go.
 
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