Exactly. And sub $80 iron ore will follow. No one will be jumping in to fund this project this year. Decision to mine might be a "pause and wait for the recession to ease" result.
This is looking like a late 2023 play. Too many dark clouds on the horizon. And consolidation is the elephant in the room.
i predict first shipment won't be until 2027. If it ever happens. Yes thats another delay, but what's another few years when it's already been 15.
sure does feel like mgt4eva!
MGT Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
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