MGT 5.41% 17.5¢ magnetite mines limited.

Ann: Fourth Quarter Activities & Cashflow Reports, page-19

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  1. 3,033 Posts.
    lightbulb Created with Sketch. 1437
    12.8mt gets processed to create 2mt of magnetite product my man.
    So, equals 256.
    the rest is probably spared re selective mining, or whatever reason.

    don't know and don't mind.
    cus we know for a fact we've got billions of tonnes of it, JORC'd + dozens un-JORC'd.

    it really just doesn't even matter.
    tired of convincing people it barely might.

    big ol' yawn... wake me up in five years when everyone's wishing they'd jumped on.
 
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