MGT share price, page-10342

I actually quite nervous as i dont believe management will manage to pull this off unless they secure an offtake agreement post the DFS. There are so many magnetite deposits in China and at least 9 unsuccessful attempts to build a magnetite mine in Australia ranging from BHP, Amsteel (Karara project), FMG (Ironbridge project), Rio, etc. I believe FMG are going to subcontract ithe development of Ironbridge with the massive 2 billion overspend bill. When a company that size doesnt have the skill to build a magnetite mine/infrastructure then you can understand why I am concerned about a small baby minor like MGT. Super high risk play this one. I honestly hope to God that management knows what they are doing + dont underestimate the complexity of this beast.