"Total Ore Reserves of 7.2 Mt at 65.1% Fe (2023: 12.4 Mt at 65.2% Fe), confirming Koolan Island’s status as Australia’s highest grade direct shipping hematite iron ore operation, and underpinning high grade production over its remaining 2-3 year mine life. "
I'm guessing the '3' is there in case they screw up the mining process or a wall falls or a boat sinks or a spaceship lands in the middle of the pit ... otherwise 2 years top... Everything else is not much more than "quaintly interesting"
Have a great day
MGX Price at posting:
28.3¢ Sentiment: Buy Disclosure: Held
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