If Magnis is over valued, what's VRC potentially worth if they can only produce 900,000t of possible concentrate. Add in a recovery rate of 90% (They seem determined not to give one) and that's only 810,000t and falling. Now an 8 year mine life!
The wheels on the bus go round and round, unless they fall off
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Magnis is more than a mining company!, page-74
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