I can assure you that I know enough to know the costs associated with getting this LOW GRADE Magnetite out of the ground, through a beneficiation process and transported to a yet to be built Port are NOT ECONOMICALLY VIABLE.
You can go on about renewable energy all you like, fact is it won't be enough to see sustainable profits from this stranded LOW GRADE MAGNETITE DEPOSIT.
MGT $ 1.00 TARGET PRICE 2024, page-108
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Last
32.5¢ |
Change
0.030(10.2%) |
Mkt cap ! $31.99M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.5¢ | 31.5¢ | $22.35K | 68.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 42467 | 3 |
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| Last trade - 15.00pm 18/06/2024 (20 minute delay) ? |
| MGT (ASX) Chart |