MGT 16.7% 31.5¢ magnetite mines limited.

WHERE IS MGT GETTING ITS 572 MILLION FROM, page-5

  1. 757 Posts.
    lightbulb Created with Sketch. 630
    definitely, they aren't the same company by name, but the raising that capital and what it will mean fro future earnings and ultimately the SP then I do think it is definitely the biggest risk milestone.


    I appreciate you engaging with this opinion and followed it up with an opinion of your own.

    yes magnetite has a green bearing on its own, as it contains lower impurities than hematite, but other companies which I stated above like FMG have gone as to one step further and using biomass to power their plant/s. this puts them on the top of the pile for MASSIVE funds that are ESG focused.

    another question as I think you may be the only person that doesn't try to throw bricks, does it concern you at all the amount of retail that have piled in ? and if something doesn't come to fruition especially for an extremely long period of time 4/5 years, what sort of volatility does that imply for the SP

    thanks
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
31.5¢
Change
0.045(16.7%)
Mkt cap ! $31.00M
Open High Low Value Volume
27.5¢ 31.5¢ 27.0¢ $149.6K 518.9K

Buyers (Bids)

No. Vol. Price($)
2 5000 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 33790 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
31.5¢
  Change
0.045 ( 18.9 %)
Open High Low Volume
27.5¢ 31.5¢ 27.5¢ 45119
Last updated 15.56pm 03/05/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.