Ann: Positive PFS Results for Razorback Iron Ore Project, page-134

2 posts on HotCopper and both down ramping MGT. You're an absolute clown who clearly hasn't read the PFS. Their report shows that even in the worst possible scenario for IO price that MGT is viable financially. Anyone with half a brain who has done their DD knows the demand for IO is at its peak right now and Vale troubles are a long, long way away from going back to what they were producing. African projects are even further away and less likely due to crazy Capex costs, dodgy local governments and Chinese influence meshed in.

Throw in the fact that the big dogs in the IO game have deminishing IO reserves and at FE grades far, far inferior to ours, we sit in the driver's seat. Make no mistake about it, this PFS is a complete success as is managements vision of starting up small, making profit, paying off our minor (in comparison to other IO jnr Capex costs) debts and expanding our business. This is the LTH of the decade in my opinion and I'll do just that as I 100% believe in our company, our projects, and most importantly our incredible management team. Patience and we will be rewarded.