MGT 6.94% 38.5¢ magnetite mines limited.

MGT share price, page-3951

  1. 2,905 Posts.
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    Some solid resistance building up.
    I appreciate the twitter news pieces.

    So. I'm wondering...
    If we're going to very slowly consolidate upwards over weeks coming, or if we're gunna stall, or if we're gunna slowwly drop to 30s.

    My gut tells me we've now rebounded.
    Institution selling has hopefully resolved.

    preparing myself for a slow upwards creep, as others have mentioned, some good advantages to this.

    I know everybody is talking about a PFS sooner. I still think we'll be looking at late May/June.
    They've said release before July for a reason.
    They've said they were advanced on the project in *some areas*.
    They've said to watch out for muster dam announcements in the near future, so hopefully maybe this year.

    Future market is looking sweeter than ice cream.

    The SOI, issue, is always conflicted in my mind. I've shared sentiments before and against.
    We have a truly magnificent magnetite project of magnitude. Will we get consolidation? Only time will tell.
    Literally depends on what happens.

    What we can be sure of, is that there is very significant - over longer term, but very significant - value for shareholders to be unlocked through the projected stages.

    ...unless we get bought, etc.
    But then we've still profited
 
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Last
38.5¢
Change
0.025(6.94%)
Mkt cap ! $37.89M
Open High Low Value Volume
37.0¢ 38.5¢ 37.0¢ $21.77K 58.7K

Buyers (Bids)

No. Vol. Price($)
1 74 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 1803 1
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Last trade - 16.10pm 23/05/2024 (20 minute delay) ?
Last
37.0¢
  Change
0.025 ( 2.78 %)
Open High Low Volume
37.0¢ 37.0¢ 36.0¢ 9058
Last updated 15.52pm 23/05/2024 ?
MGT (ASX) Chart
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