MGT magnetite mines limited.
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MGT's TRUE In-Situ VALUE of ORE What is it?, page-9

  1. Diabloracer
    3,781 Posts.
    lightbulb Created with Sketch. 1212
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    12/08/20
    09:49
    Post #: 46473976
    If anyone was watching the trading yesterday someone was very aggressively buying at 0-008c and 0-009c for almost 1 hour late arvo.

    MGT is extremely undervalued and would have to be a take over target IMO

    What everyone needs to determine is what the In-Situ value is of the ore and what someone is willing to pay for all that ore currently.

    Is it $40m?
    Is it $100m?
    Is it $400m?

    Who knows but IMO 4 Billion tonnes of ore has to be worth a lot more than the current MC of only $21m
    MGT Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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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

Buyers (Bids)

No. Vol. Price($)
4 33625 8.0¢
 

Sellers (Offers)

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