THE REAL DEAL, page-17

@Furiousgeorge Hi,

There have been a number of great posts on MGT that I have saved to assist me in my research & below are some references. Refer to this post by @Obe wan: https://hotcopper.com.au/posts/46780588/single & @Kristianh: https://hotcopper.com.au/posts/46730789/single for a geological interpretation of the Razorback Iron project though @setfire2thehive's opinion would also be valuable IMO, supported by his comprehensive posts on a RE company I am also invested in. @jovialmonk posted a great FA breakdown here: https://hotcopper.com.au/posts/48028091/single and has a number of other great posts, @MrStrengths provided a nice FA post here https://hotcopper.com.au/posts/48646132/single which took a bipartisan approach.
@BullishTrends has a breakdown of his discussion with the MD here https://hotcopper.com.au/posts/48318530/single plus has a number of other great posts, though I don't have references readily available. @Stocki has a breakdown of his discussion with the MD after the termination of the BMD farm-in here: https://hotcopper.com.au/posts/48527198/single & some other valuable posts but again don't have direct references. Apologies to any other posters/posts that I have missed. This thread is worth a read as it contains some useful information: https://hotcopper.com.au/threads/mgt-progress-and-prospects.5626093/ & it's worth looking at the Selective Mining Announcement here: https://hotcopper.com.au/threads/5565650/ & the Scoping Study announcement from November 19' is also worth a read: https://hotcopper.com.au/threads/5061205/.

IMO, PFS should be completed by no later than April 2020 in which the team is focused on an low CAPEX selective strategy (ref above Selective mining announcement) using the CSIRO's NextOre magnetite sorting technology https://hotcopper.com.au/documentembed?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD6ge1zBKZrfBtke92GA%3D%3D. There was a PFS completed for the project a number of years ago but it was centred around a high CAPEX bulk mining strategy which @Stocki summarised here: https://hotcopper.com.au/posts/48586419/single compared to the current strategy here: https://hotcopper.com.au/posts/48624170/single.

Given the current/future macro factors that impact Iron ore & with specific reference to FMG's current success & China's increasing demand for iron ore (https://www.miningnews.net/bulks/news/1398784/fmg-signs-chinese-agreements), the razorback project (MGT) has IMO, a prospective future. Of course though, a successful PFS is pivotal in ensuring this.

Hope this helps.