I think option b is correct. They F'd up the release, there is nothing to announce. We are stuck here at 4c IMO. The only news they can release would be a TO or JV that would push SP up to the 8c+ level again.
Its absolutely devastating to think that we are currently a 4c stock with the value of the ore in the ground.
If they had have released the PFS at the high of the market they would be sitting between 8c-15c right now.
I cant even believe what I am seeing every time I see MGT in 4c league after the PFS being released on the down trend.
What a F'n disaster from management here.
To consider the ore value of other 4c stocks on the market and for MGT to be in the same league is a disgrace.
Mark needs to get out there selling the company hard if he wants OD conversions.
MGT share price, page-8550
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $26.06M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $7.843K | 30.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 54153 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 9600 | 1 |
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| Last trade - 13.43pm 02/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |