From last Monday's article by Barry Fitzgerald, this is what stands out .......
Watch out for news flow from the company on 2 courses of action ......
The first is a look into how an ore setting technology could dramatically increase the grade of material presented to the concentrator ......
Secondly, is a dive - into remodelling the orebody to take advantage of its layered cake properties.
And that is why the headline of the article is ........
THE JUNIOR 'SLEEPER' IN THE BOOMING IRON ORE MARKET.
Market capital at 0.008c is $17m ......
Target, at least $80m market capital [3.6c] to $100m market capital [ 4.8c] .......a very conservative estimate.
MGT -This is what stands out
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 |