MGT Social Media Posts, page-18

This sort of interviews gives me so much confidence. In every interview they have clearly said staged development. No way on earth they will be contained with 3mtpa. Even from 3 mtpa to 6 mtpa improves the financial metrix so much (not saying it is not good now. 20% post tax IRR is excellent based on conservative IO price estimate). Increase to 6 mtpa increases post tax IRR to roughly 38% based on conservative estimate of $110 for 62% fe. Plus the cost saving he is talking about should boost profitability significantly. Any capital I can free up has been straight going into MGT. Just loving it.