I have done very well from iron ore just have been averaging out of MGX bought into about 4 months ago after selling PMM to buy MGX. MGX has tripled in price in that time frame.
I was looking for another iron ore newby through surfing the net when I came across territory iron and found its parent company was quite savy.
Terry Tenneant the manager to be of TI use to work for PMM I think just like B Johnson of MGX and Ian Burnstein of AZR.
What looks good about TI is the infrastructure is in place rail and port facilities I am guessing they will use the same loader as for the manganese the Darwin Port has promised 11M for this now Bootu has started breaking ground,
The ore at Francis Creek was stoped being mine because the Cyclone tracy ripped the port to pieces in the 70s. Francis Creek has a heritage order of some type regarding the previous Chinese settlement which needs to be worked out .
as for market or bennification I am not sure due to type of ore cant remember what it was, and dont know what rc drilling has been done reserves etc from memory they were looking at a 2MTPA operation with a 10MT reserve to make it work
If you look at Trevor Tennants net worth in OMH you would think he could do TI on his own.
I would like to buy into the IPO but dont know how or where it is going to be listed I heard it would be sometime this quarter but have seen anthing so thought best to just buy OMH and hopefully get some exposure to it
RMI another iron ore hopeful also looks good MGX has a big share of it but has no loader and Windam port is shellow
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I have done very well from iron ore just have been averaging out...
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $210.7M |
Open | High | Low | Value | Volume |
27.5¢ | 28.0¢ | 27.5¢ | $66.71K | 242.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125400 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 29283 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.275 |
3 | 188481 | 0.270 |
3 | 63626 | 0.265 |
4 | 35437 | 0.260 |
2 | 35000 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 9283 | 1 |
0.290 | 11048 | 1 |
0.295 | 360 | 1 |
0.300 | 18000 | 1 |
0.310 | 7400 | 1 |
Last trade - 14.24pm 12/09/2025 (20 minute delay) ? |
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OMH (ASX) Chart |