MGT 16.7% 31.5¢ magnetite mines limited.

"still a looooong way to go to get to a mine." It doesn't have...

  1. 4,156 Posts.
    lightbulb Created with Sketch. 1296

    "still a looooong way to go to get to a mine."


    It doesn't have to get to a mine for a rerate. It just needs for the market to wake up to the economics of the project. Once we do get to a mine, it will be multiples of where we are at right now.

    The market is forward looking. If you can pick up a slice of a huge cash generating business for a few cents in the dollar, why wouldn't you?
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
31.5¢
Change
0.045(16.7%)
Mkt cap ! $31.00M
Open High Low Value Volume
27.5¢ 31.5¢ 27.0¢ $149.6K 518.9K

Buyers (Bids)

No. Vol. Price($)
2 5000 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 33790 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
31.5¢
  Change
0.045 ( 18.9 %)
Open High Low Volume
27.5¢ 31.5¢ 27.5¢ 45119
Last updated 15.56pm 03/05/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.