G'day ladies and germs.
I realised last night that i had not done my due diligence on iron ore lately.
That I had a loose plan to jump back in "at some stage",
because i did not want to miss this epic show unfold.
So, to be prepared, i put this Thursday morning into IO research, to give myself a rough idea of when that might be -
I read topics re current market sentiment, China's status and latest movements, as well as more recent long-term economic notions of green steel/premium IO.
It is now Thursday evening, and I am now back in MGT.
Very much so.
In fact i can assert that just over half of today's entire trading volume was me pillaging the 4.1c sell line.
I have a very strong hunch of two things -
1: We may be in for a potential dip/crunch over the next couple months.
2: This time next year we will have a much higher share price than we do now.
I look forward to the coming months ahead,
as we realise more and more the true value of this beautiful resource,
and as we trust management in their continuation of systemically ticking boxes,
with a reliable team, local support and a MASSIVE resource of low-strip ratio, low impurity magnetite,
a solid PFS showing a strongly economically profitable operation in even the worst of times,
and a clown called Daz to keep us all laughing along the way.
May we prosper and get this mine going//
@BullishTrends
@Stocki
@Realinvestor1
@BaconLover
^ Chairman's Address and Presentation to 2021 AGM, November, page 9
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