MGT
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1.69% 30.0¢ magnetite mines limited.

Iron ore is getting smashed. As are all io stocks. Even...

  1. alwaysgreen
    3,365 Posts.
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    23/08/21
    19:31
    Post #: 55509593
    Iron ore is getting smashed. As are all io stocks. Even established players like FMG are down 20 percent this month.

    All junior IO projects like CAP (now HIO) have also taken a tumble.

    IO is forecast to fall further in 2022 but by the time we reach production in 2024, I believe the price will be back above our PFS cost and we will be in the money.

    Our share price ran a little too hot last year but at these levels, it presents extremely good buying for those willing to hold more than 5 minutes.

    MGT Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 29  Upvote
    lightbulb Created with Sketch. 4  Great analysis
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Last
30.0¢ 		Change
0.005(1.69%) 		Mkt cap ! $29.53M
Open High Low Value Volume
30.0¢ 30.0¢ 30.0¢ $49 164

Buyers (Bids)

No. Vol. Price($)
1 2000 29.0¢
 

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Price($) Vol. No.
30.0¢ 5844 2
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Last trade - 10.39am 02/07/2024 (20 minute delay) ?
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