MGT 3.03% 17.0¢ magnetite mines limited.

I get exactly what you are saying but all people will say is...

  1. 937 Posts.
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    I get exactly what you are saying but all people will say is that they said it was going to be 6 months and it’s been 7.

    So you get halfway through funding the DFS and run out of money again. Then what?

    if the raise recently got up, the share price would be higher. As announcements come in, the share price should steady rise. Then your value is worth more and if you need to raise money, the dilution to current holders will be less.

    until MGT get funding enough to complete the DFS, there will be no timeline. They do not know how long it will take and whether funding will ever happen.
 
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