Great inaugural presentation. Clearly demonstrates the competitive advantage the merged group will have over any of the other ASX-listed aspiring producers. After reading this, why would you ever consider investing in undeveloped magnetite projects in Australia or stranded itabirite projects in deepest darkest Africa and South America. Mamba offers everything you could possibly wish for - access to port and rail infrastructure, high quality/low impurity resources, a low sovereign risk jurisdiction, an attractive market valuation and a management team with a successful track record in financing large capex projects.
MAB Price at posting:
67.0¢ Sentiment: None Disclosure: Held