Was on the AGM and there was a presentation on the new direction and it does appear they are wanting to build (if it is feasible) however they are likely to use a dense media separation (DMS) instead of flotation method which is much cheaper to build and the running costs are also far cheaper which they mentioned a recent project was ~300M to build and they have previous done projects from madien to construction in 3 years with another 2 years for construction-> production.
They are confident with locating lithium given other projects in the near area finding large deposits and said that you can even see one of them at surface level from space.
MGG Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held
