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17.0¢ magnetite mines limited.

Ann: Maiden Ore Reserve for the Razorback Iron Project, page-123

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markwhite

742 Posts.

186

30/06/21

12:30

Post #: 54173225
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Originally posted by Lucky99: ↑

I've said it before and will say it again, while most people / projects aim to achieve each milestones by specific dates, often these dates will slip or be held up by third parties, uncontrollable circumstances or other delays. In my books, if they can still deliver the PFS during July, they are right on track.

People need to stop worrying about a 'June 30 deadline', or 'management missing the mark' and so on. The fundamentals of this project are still strong and haven't changed, and we will see more evidence of this once the PFS drops.

Most projects actually fail and don't ever progress anywhere, or experience major time and cost blow outs. Just look at the recent FMG magnetite project as an example, yet they are still proceeding.

Hang in there, be patient and you'll be rewarded accordingly. I agree it's disappointing that we don't yet have the PFS results, but good things come to those that wait.

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the real money is HODLing this stock well into production. Selling early or on the PFS May net you a littler earn but not the real money baby. IMO HODL

MGT Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 17.0¢		Change 0.000(0.00%)		Mkt cap ! $19.60M

Open	High	Low	Value	Volume
17.5¢	17.5¢	17.0¢	$5.73K	32.77K

Buyers (Bids)

No.	Vol.	Price($)
3	122483	17.0¢

Sellers (Offers)

Price($)	Vol.	No.
17.5¢	175578	3

View Market Depth

No.	Vol.	Price($)
3	122483	0.170
4	77469	0.165
5	118731	0.160
2	15000	0.150
1	10000	0.145

Price($)	Vol.	No.
0.175	175578	3
0.180	165210	5
0.185	7321	2
0.195	33310	4
0.200	94706	1

Last trade - 13.33pm 21/10/2024 (20 minute delay)

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