MGT 2.63% 18.5¢ magnetite mines limited.

MGT share price, page-8505

  1. 884 Posts.
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    So many smooth brains here. You guys are wanking over a PFS that made your SP crash 50% it references 62% Fe and not higher than that because otherwise they would have include costs to produce FE higher than that. Which would impact their case significantly. They also choose to proceed with their best case scenario in their DFS . Tbh, I see their case one as the most realistic in 2024 with iron around 110-120 meaning until they include the rest of their resource they are sitting on a post tax npv of 294mill or whatever it was. I'm not convinced of their csrio tech's capability to be proven on a commercial grading scale which will allow them to met their head case. And yes o would be interested in your position at Rio, seen plenty of truck divers in the past who claim to be geologists.
 
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