MGT 5.56% 19.0¢ magnetite mines limited.

Ann: Positive PFS Results for Razorback Iron Ore Project, page-673

  1. 2,694 Posts.
    lightbulb Created with Sketch. 1756
    Also summary of Mark Eames appearance yesterday on bulls&bears, originally posted by @Babysaurus

    https://hotcopper.com.au/data/attachments/3347/3347967-afff21105643bc91ca8f77a44f248a38.jpg
    Our technical director clearly states $54/t total cost to dig it up, process it and to send concentrate to China... and figures based on 62%fe not including the premium we can charge for our product at 68%fe... and like i posted above includes a 23% contingency... no brainer, great result.

 
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