MFE 0.00% 1.0¢ magnetite mines limited

re: Ann: Clarification relating to unsubstant... I dont think...

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  1. 817 Posts.
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    re: Ann: Clarification relating to unsubstant... I dont think Marcus was very impressed by unsubstantiated rumours & opinions aired by anonymous individuals--you have to be suspicious of intent when a non-holder would want to intentionally devalue a stock.

    Royal Resources shares have been over-sold in my opinion.

    I am aware of higher capex for magnetite developments.

    A stranded hematite deposit could be more expensive.

    The trump card for Razerback is access to infrastructure:

    Ports--Rail--Mains-Power--Labour--Adelaide to name a few.

    I will continue to hold a stake in one of Australia's largest undeveloped magnetite deposits.

    Cham
 
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