MGT magnetite mines limited.

Ann: Cleansing Statement - Section 708A(12C)(e), page-5

  1. 79 Posts.
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    i absolutely share your opinion. I cant speak about the finer details in your 2nd post, i just dont know enough. However, I may have stated in a much earlier post about how i am concerned about their finances moving forward and how the JFE agreement was probably their only lifeline going forward, due to the ever diminishing shareholder sentiment, low market cap and 0 assets to take a loan against. There simply isnt any other means to get cash. And with a burn rate as high as it is, the long push to December is a time bomb. It was already dire and now its just rotten.
    I genuinely think the project is dead in the water.
 
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