MGT 1.69% 29.0¢ magnetite mines limited.

MGT Chart 2021, page-134

  1. 2,694 Posts.
    lightbulb Created with Sketch. 1756
    3.5c based on what...???

    *Our total 5.5Bt JORC compliant resources?

    *Or the 3.9Bt in feasibility studies?

    *The conscientious approach to selective mining the low strip ratio of an immense resource?

    *The exclusivity for game changing tech developed by CSIRO, RFC Ambrian and NextOre, that not only reduces power/water consumption and tailings but is proven to improve head grades for processing?

    *Maybe it's the advantages locality and access to existing infrastructure and amenities(roads, rail, ports, power, water)?

    *Or the endorsement by the SA gov and its $10bil Magnetite strategy, granting us a free 1.5Bt Muster Dam tenement(s), consisting of other IO prospects to expand on that number?

    *Could it be the brilliant management that are not only respected amongst the IO community, but also created MGT and its vision of being a worlds top high grade IO producer?

    .......???

    Your notions are ridiculous and your Technical Analysis is not worth the crayons it is written with.... especially when you don't consider the Fundamental, Quantitative and Qualitative Analysis of a company.
    All i can suggest is do some more research because your posts make you sound like every other downramper we endure during consolidation.

    DYOR GLTASH





    Last edited by BullishTrends: 30/04/21
 
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