MGT magnetite mines limited.

Ann: Renounceable Rights Issue to raise up to $15.8M, page-193

  1. 3,219 Posts.
    lightbulb Created with Sketch. 1502
    Yeah man it's such a great resource

    with the metrics of the project - the reason for the evident conservatism I think is because they've utilised averages to base logistics on... and @62%... which whilst probably being best practice, does not account for the really sudden and intense increases in premiums the past couple years, re concentrates/mag/pellets.

    so they're playing it super safe.

    quite simply, the world hasn't quite caught on fully to the anomaly of magnetite, yet.

    such an underrated industry.
 
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