MGT 5.00% 28.5¢ magnetite mines limited.

My bet it may be Gupta and his GFG Alliance entity taking a...

  1. 1,570 Posts.
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    My bet it may be Gupta and his GFG Alliance entity taking a stake, but MGT mining is 5 yrs away. Gupta would be looking for Gov subsidy especially after saving Whyalla steelworks , a good back door into a exploration company with raw materials to complement would be one way to get into the SA gov 10 billion fund or sure up his credentials with the government. Still 5 years away for mining (?), plenty of time to get involved, all imho.
 
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