MGT magnetite mines limited.

I just listened to the Mark Eames/ Barry Fitzgerald podcast over...

  1. 252 Posts.
    lightbulb Created with Sketch. 151
    I just listened to the Mark Eames/ Barry Fitzgerald podcast over a coffee this morning and we already know this but he talk of decarbonization around the world in every sector not just the resource sector is very real its only just starting and undoubtedly will be at the forefront business forever now.

    I have no trading/investing experience everything is self taught and I've actually learnt a lot just reading different things over the last couple of years here on hot copper and google ( dangerous i know haha) i was lucky enough to take a position at 0.002 due to a tip from an old metallurgist who consulted the company back in the Royal days.
    Being quite young and not wealthy by any means i rode my investment to 9.7cents post PFS any to be honest if i sold out it would've been a Significant boost to me and my young families life.
    To be honest the PFS took me days to go through and understand (somewhat) and mean while the share price crashed. To this day I don't regret it and this very morning after listening to the podcast i thought to myself.

    Is 5.7 billion tonnes of high grade magnetite in a mining friendly safe state with 70/80% renewable energy grid (and growing) really going to stay in the ground? When the world is on the brink of converting to clean green steel. Weather its MGT or a JV/ takeover I don't know and nor does any one but one thing i do know someone will dig this up it cant stay there untouched much longer.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $10.53M
Open High Low Value Volume
8.6¢ 8.6¢ 8.6¢ $198 2.3K

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 257719 2
View Market Depth
Last trade - 15.37pm 30/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.