MGT magnetite mines limited.
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Yes, MGT claim to be able to produce 68%Fe. The big question is,...

  1. Jas K
    735 Posts.
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    27/03/24
    22:14
    Post #: 73092790
    Yes, MGT claim to be able to produce 68%Fe.
    The big question is, at what cost?
    $70 p/t premium above the benchmark means nothing when the cost to produce is higher or leaves a very thin margin rendering it to risky & uneconomical, NOT FEASIBLE.

    My opinion isn't popular and I totally understand.

    Good luck & god bless

    MGT Price at posting: 28.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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