MGT magnetite mines limited.

Yes we are all aware of the cash burn you keep talking about, it...

  1. 607 Posts.
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    Yes we are all aware of the cash burn you keep talking about, it happens everywhere in life, in order to make money, you need to spend money, that’s how it works. Capital raising from us retail investors has not worked so well due to lack of time frames and constant delays with DFS for example, but if you keep barking at us and any new investor that recently joined, you are not actually doing yourself and everyone else any favours, yes we can all see the SP, but what we need is money to flow in from all angles, we have some 10 thousand share holders in this company and mainly two people on this forum that are actually working against the interests of all, ants don’t move big objects on their own, it takes hundreds of them working together.
    Why did anyone invest their money into this stock? We need more investors to come in and share the load.
    I’m in this for the long haul to break even or profit for now, but from all the discussions on here right now, new investors are staying away. JasK is spewing his own propaganda as non holder, and after this conversation just like clockwork he’ll want to put in the last word, repeating the same negative words we’ve been hearing for a year.
 
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Last
8.5¢
Change
-0.001(1.16%)
Mkt cap ! $10.41M
Open High Low Value Volume
8.6¢ 8.6¢ 8.5¢ $2.838K 33.2K

Buyers (Bids)

No. Vol. Price($)
2 104 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 17268 2
View Market Depth
Last trade - 13.10pm 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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