MGX and GRR. Performance comparison Q4 2021, page-22

Oh, I dunno, people seem to like one liners these days. Post something lengthy and you get carp for wasting space.
I think you've been told before that MGX's dividend policy is to pay their's annually.
GRR has 497 Million tonnes of Resources? What does that 'boil down to' in concentrate, then? They used a 15% cutoff grade, pretty low don't you think? But look on the bright side and say its about 200 million tonnes of concentrate. It's going to take about 60 years to fit that as slurry through your rusty iron pipe. So who the hell cares? Most current holders will be life expired.
And you must have an interesting management style over there to drill out resources sixty years ahead. Surely they have better things to do than all that drilling? More real estate perhaps?
Anyway, as I said already, it doesn't matter how many years of low grade magnetite you have 'proven', unless and until GRR builds a bigger connection from mine to ship, you are forever constrained to max 3 million tonnes loaded, and really have never done much better than 2.5. That's FACT.
MGX on the other hand have more near term upside potential at Koolan + Shine as well.