Can't answer where funding will come from, you already know of the strong SA government connection. Perhaps some from their $10 billion Magnetite strategy, I'd hope
I thought the point of premium magnetite concentrate is to make steel more carbon friendly, so called green steel. Mgt have already indicated this is a part of their strategy. So MGT should be good on that front.
As for ROY and the last 10 years, My understanding is management has changed, commodity prices have changed. The whole strategy will change to be more cost effective and streamlined with nextore potentially. Best to look to the future instead of what has transpired.
WHERE IS MGT GETTING ITS 572 MILLION FROM, page-3
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Last
39.0¢ |
Change
0.005(1.30%) |
Mkt cap ! $38.38M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.5¢ | $27.99K | 73.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 29999 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
0.005 ( 4.05 %) |
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| Open | High | Low | Volume | ||
| 37.3¢ | 39.0¢ | 37.3¢ | 12749 | ||
| Last updated 15.10pm 24/05/2024 ? | |||||
| MGT (ASX) Chart |