MGT 1.85% 26.5¢ magnetite mines limited.

Ann: Change of Chief Financial Officer and Company Secretary Role, page-32

  1. 934 Posts.
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    baby, how is mgt going to go forward with head grade improvement case. Mgt haven't even proven yet if there is a higher grade area in the deposit. How can mgt use 150 iron ore price, when its 90. Only you believe those figures, anybody with half a brain, will know you can't rely on those figures at all. Imagine going to a bank with that. Your going to buy a house, and tell the bank, that my wages are 90k, but in the future there going to be 150k, and if I do up the house its going to be worth so much more, can I borrow the whole amount of 500k, I'm not putting a deposit. Wonder what the response will be.

    its going to be nice watching the share price slide, and you posting how much of an opportunity people are missing, haha
 
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