MGT magnetite mines limited.
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Ann: Mines and Money Conference Presentation, page-11

  1. Franciscus
    1,707 Posts.
    lightbulb Created with Sketch. 590
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    06/05/22
    16:28
    Post #: 61255730
    My understanding:
    Production cost = $53USD/t.
    Current 62% Fe price = $144.90USD
    Current 65% Fe price = $173.75USD
    Likely 69% Fe price = $200+ USD??
    Likely 69% Fe Pellets price = $250+++ USD???
    Assume $200USD/t profit then => $564M AUD profit per annum => CONVERT YOUR MGTREs, people!!
    MGT Price at posting: 2.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.0¢ 		Change
0.002(2.56%) 		Mkt cap ! $9.681M
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8.0¢ 8.2¢ 7.9¢ $21.75K 272.0K

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No. Vol. Price($)
1 12258 7.9¢
 

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Price($) Vol. No.
8.0¢ 1596 1
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