MGT 2.78% 18.5¢ magnetite mines limited.

Ann: Chair's Address for 23 November 2022 AGM, page-5

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  1. 7,580 Posts.
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    Hi, Im a holder of MGT and a lot of magnetite iron ore stocks , can anyone more experienced with drill results interpret these just releasedfrom AHN, not wanting to cross promote, but these grades seem too good to be true, what am I missing?



    these grades seem too good to be true, if I go and look at HIO and MGT, other stocks I hold , they arent getting near these grades, yet AHN are fractions of the market cap, I get the timeline , nowhere near mining, and maybe the experience of the management, but just talking resource here, whats the deal? Someone with some good fundamental knowledge might be able to help out here..
 
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