MGT 2.00% 24.5¢ magnetite mines limited.

Ann: Green Iron grade concentrates produced using saline water, page-20

  1. 598 Posts.
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    @next2us

    As I've said previously, the massive cost associated with the infrastructure needed to pump this water hundreds of kilometres and the ongoing upkeep costs of maintaining this water solution is not feasible IMHO!
    Theres zero chance mgt can develop this project and be price competitive let alone break even covering production costs.

    Water is only part of the problem here though.

 
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