MGT share price, page-9416

You purchased pre PFS along with every other man and his dog aboard a hype train, hoping to get rich quick on the release of some spectacular news that we'd be ripping 10mt of high grade magnetite out of the ground before 2024. Those are not fundamentals.

This isnt managements doing as much as you'd like to point a finger. They've been relatively clear the entire time about how they're approaching Razorback, funding strategy won't even be mentioned until DFS, and if we're lucky an off take or JV announcement prior. There's literally no point in trying to fund a project if you havent released a PFS to market and subsequently tried to make the project look attractive to potential off take partners or major investors.

It's not that anyone "thinks its a good thing", you just need to have a little bit more conviction in your holding and where you have placed your hard earned cash. Yes the SP has had a fall from grace, has anything changed between 9c and 3c other than market sentiment? No.

These things take time and unless anything majorly concerning occurs, it will recover. If you think money can be made quicker elsewhere then by all means move along.