Its probably good that the DFS isn't about to drop....no announcements atm will make any difference to SP. Even a DFS me thinks.
A few more large rate hikes to come in Oz and US over the next few months and then hopefully we will reach some sort off bottom and allow sentiment to reverse. This should all be flushed through by years end and a lot has already been priced in.
Very confident MGT have a lot of ducks lined up behind the scenes and various business delivery options depending on how crazy micro/macro continue to be by years end.
No doubt that Green Steel demand will be there, no doubt that we can find suitable finance for a resource of this size (with excellent ESG). Assuming a better financial/global market, wondering if IO price potentially the main do/die marker we need to be watching?
MGT Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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