MGT magnetite mines limited.

WHERE IS MGT GETTING ITS 572 MILLION FROM, page-8

  1. 3,197 Posts.
    lightbulb Created with Sketch. 1501
    I respect the vigour of this post,
    but there are many assumptions made without due research into systems and trajectory.

    - as mentioned, 10 billion mag strat.
    - ROY was a different company mate. Really different.
    - many, many mag and hema projects out there that aren't directly riding the pure green meat-piece. And energy is interchangeable. Power is power, we could incentivise that with our first years profits.
    - no government will turn down large royalties. This is probably the biggest flaw in your argument. They would also consider the above, and work towards sustainability within the opportunity.
    - if the government wanted muster dam to go to a pure initial green producer, they would have awarded it to same. They didn't.

    Again, I really appreciate your vigour, but you've described a very rigid way of thinking that doesn't match current trajectory or opportunities provided, nor does it acknowledge that everything you've described is being literally worked towards, within scope and result from big money down the line.

    570 million is piss, with our NPV and scope.
    Anybody who can rub two dollars together and think about their breakfast tomorrow morning could spot the opportunity.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.1¢
Change
-0.002(2.41%)
Mkt cap ! $9.827M
Open High Low Value Volume
8.3¢ 8.3¢ 8.1¢ $2.009K 24.52K

Buyers (Bids)

No. Vol. Price($)
4 33625 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 2000 1
View Market Depth
Last trade - 14.44pm 04/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.