MGT 7.41% 12.5¢ magnetite mines limited.

MGT share price, page-11855

  1. 923 Posts.
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    i haven't bought back in yet....dyor...don't follow me etc.

    South Aust. has a 40+ year "green" history & definitely needs the employment.
    Wandke has a breadth of experience & a probable good bunch of contacts.
    I worrk in the Pilbara & while there have been several new mines in the last two years,
    there is an acknowledgement that Iron ore is declining in that area. Decades away, yes.
    There feels like a momentum, could just be my imagination. The totality of that momentum
    that I have previously been swept up in, makes me want to jump on board in a very big way.

    Price of Iron ore is a worry, yes, but decision to mine & actual production is not the same day.
    I notice that 45% Rio owned Simandou is having sovereign risk issues in Guinea.
    NOT advice etc. DY own research... don't blame me.
 
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