MGT magnetite mines limited.

It’s outstanding to see our companies future outlined in greater...

  1. 396 Posts.
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    It’s outstanding to see our companies future outlined in greater detail. After a first quick read there is a LOT to be happy about in this announcement and I'm sure there’s more once I’ve read it in depth.

    Higher NPV

    Much much Lower break even price of 40/t which is only $1.52 above the 15 year low of which it was only there for a month.

    Yes higher Capex eventually but a staged build up is perfect and paid off in 2yrs.

    Im sure there will be robust & healthy discussions had over the next week or so about all of this.
 
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