MGT 2.60% 37.5¢ magnetite mines limited.

Can't answer where funding will come from, you already know...

  1. 51 Posts.
    lightbulb Created with Sketch. 6
    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.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
-0.010(2.60%)
Mkt cap ! $36.91M
Open High Low Value Volume
39.0¢ 39.0¢ 37.5¢ $8.909K 23.22K

Buyers (Bids)

No. Vol. Price($)
1 74 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 9998 1
View Market Depth
Last trade - 11.54am 24/05/2024 (20 minute delay) ?
Last
39.0¢
  Change
-0.010 ( 5.41 %)
Open High Low Volume
37.3¢ 39.0¢ 37.3¢ 11200
Last updated 12.37pm 24/05/2024 ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.