Yes MGT has had some good developments lately which is encouraging for the whole Braemar Iron region. Notably that MGT and HIO are tracking respectively SP wise with respect to shares on issue, with both companies having MOU's to cooperate with Flinders Port in the develop of the My Ponie Point deep water terminal. As far as I'm concerned I am willing to give Bryan & Co one last chance to prove up the improved economic resource and BFS required to move this project forward. New NSW government with greater support toward green initiatives, wouldn't be surprised now to see directors buying in before June's announcement of possible partner or JV interest. All imo of course.
HIO Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
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