Good question @Franciscus. Short answer - don’t know; I need to think about it more. Haven’t really looked into JV’s much to be honest.
Takeover: IMO, would likely have to come from a big player who wanted the resource and had the existing debt facilities (or the operating history to be able to issue large bonds) to push it through to production. Then it simply becomes a question of: what price do they pay for the resource? I guess that’s where NPV comes into things. Again, I’d need to research recent IO resource purchases/takeovers to say any more.
Happy to hear your views too of course. Cheers
- Forums
- ASX - By Stock
- MGT
- MGT - understanding where the money comes from
MGT
magnetite mines limited.
Add to My Watchlist
2.41%
!
8.1¢

MGT - understanding where the money comes from, page-4
Featured News
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.
|
|||||
Last
8.1¢ |
Change
-0.002(2.41%) |
Mkt cap ! $9.827M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 8.1¢ | $2.009K | 24.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 33625 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 33625 | 0.080 |
1 | 13000 | 0.079 |
3 | 134935 | 0.077 |
1 | 39473 | 0.076 |
5 | 243612 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 2000 | 1 |
0.095 | 51200 | 2 |
0.099 | 20000 | 1 |
0.100 | 283023 | 3 |
0.110 | 8375 | 1 |
Last trade - 14.44pm 04/07/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online