MGT magnetite mines limited.

Ann: Metallurgy Confirms Flowsheet and DR Pellet Feed Potential, page-25

  1. 251 Posts.
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    Yes i certainly have. As ive said previously i want the project to succeed as much as anyone but feel since the PFS sometime ago we've had a cash burn and no real progression infact we had to revisit and redo alot of our studies to accommodate the increase from 2.5mtpa to 5mtpa. So unless something significant happens soon i cant see anything other than more cash burn and a cap raise. Our management, hatch etc. arent cheap and as we all know money doesnt last forever.
 
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