MGT 0.00% 18.5¢ magnetite mines limited.

Ann: Agreement signed with JFE Shoji to fund DFS, page-52

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  1. 491 Posts.
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    Great read, this mining operation has no reason not to get off the ground. The government is keen for it to go ahead, the mine owners are determined to make it happen and the end user(the Japanese steel mills) are now interested enough to put up cash. I’m a shareholder in a gold mine that started at 3 cents and today breached the $4 barrier and in my eyes this is a much easier deal to get done so let’s enjoy the ride.
 
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