Hi minegoat,
MGX are looking at juniors. GRR is not a junior but at least a peer.
The time frame to set up SD is beyond MGX's scope. MGX have stated they are looking for something in or near production.
The capital cost to set up SD is beyond MGX.
The CEO of MGX, Peter Kerr, is at the Noosa Mining Conference today discussing the focus of MGX's growth.
Ann: Southdown Magnetite Project Prefeasibility Study, page-84
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