Thought to share few key points - I make these notes for my each stock I own and share it with friends.. thought to share here.. DYOR.. IMHO
MGT- We should reach 3 cents in few days.(5 more trading days) Pre feasibility to be expected exceptional
• MGT Raised $5.65 million to accelerate pre-feasibility @ flagship Razorback iron Project
• Magnetite announced positive results from a selective mining assessment in mid-August.
• The company is following a rigorous and disciplined process to develop an optimal scope and move towards production as soon as possible
• Next Ore tech will give MGT a leg up in processing its ore #lower cost # higher head grade not even RIO or BHP can produce
• Same technology used by FMG (SP $17)
• Lab tests verify, can produce grades of nearly 70%
• The rocks at Razorback are also much softer than other iron ore projects, particularly in Western Australia, and require less energy to grind, which lowers the cost.
• Magnetite Mines is well positioned to take advantage of rising iron ore demand and the surging price, given processed magnetite ore is becoming the product of choice for Chinese steelmakers.
- Forums
- ASX - By Stock
- MGT TAKEOVER?? TARGET 4B Tonnes iron ore
Thought to share few key points - I make these notes for my each...
-
-
- There are more pages in this discussion • 229 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGT (ASX) to my watchlist
|
|||||
Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $23.53M |
Open | High | Low | Value | Volume |
24.0¢ | 24.0¢ | 23.0¢ | $22.54K | 97.62K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 70331 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 70331 | 0.230 |
3 | 27777 | 0.225 |
6 | 101050 | 0.220 |
1 | 10000 | 0.205 |
6 | 47750 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 12000 | 1 |
0.240 | 40038 | 2 |
0.250 | 22500 | 1 |
0.280 | 43819 | 4 |
0.285 | 77062 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |