MGT magnetite mines limited.

MGT - understanding where the money comes from, page-4

  1. 5,845 Posts.
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    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
 
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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

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No. Vol. Price($)
4 33625 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 2000 1
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Last trade - 14.44pm 04/07/2025 (20 minute delay) ?
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