MGT 1.28% 39.5¢ magnetite mines limited.

MGT is predicted in TOP 10 Iron Producer in the World, page-4

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    "“It is not difficult to envisage a project that can produce 100 mtpa of concentrate running at 68 per cent iron which is pretty attractive on all counts,” said Toll."

    To get to that level of production will take a massive investment, probably more than $5 billion in plant alone let alone infrastructure, but still if they head down that path then this will be fantastic investment at these levels, it wont be a quick return....lol
 
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