MGT 4.41% 32.5¢ magnetite mines limited.

Facts are MGT have a BIG pile of LOW grade Magnetite ore sitting...

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    Facts are MGT have a BIG pile of LOW grade Magnetite ore sitting in the middle of no where rendering it UNECONOMICAL and too risky to develop. These are well known FACTS.
    No power
    No water
    No road infrastructure
    No port
    No offtake agreement
    No funding partners

    All the evidence you need is in the above and has been for 15 year's.
    The green movement, unfortunately, won't be enough to see this develop and sustain a profitable future.
 
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