No worries Boogie my phone dances around a lot on HC, I think it’s all the adds and pop ups.
I assume you are asking me about impurities and out cropping etc.
My answer was in response to the comment of how many high grade deposits there are, I haven’t drilled down on all the other factors you mentioned for each one. I know about the couple I am in and MGT from my past investment here.
I don’t think there’s significant difference between them in that regard, the main problems are location, water, power and capex for all of them. Of course production costs in relation to the intricacies of each deposit are potentially significant if everything else is equal.
Just saying there are other high grade magnetite deposits in South Australia, try not to come on here and criticise MGT I have made my point in relation to management, just input into broader magnetite SA market facts and comparisons.
I think the when the SA government talks about green iron they just mean Whyalla, with all the cash going there it’s going to be tough for any other projects.
MGT Price at posting:
11.0¢ Sentiment: Sell Disclosure: Not Held
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