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5.56%

17.0¢ magnetite mines limited.

Ann: Maiden Ore Reserve for the Razorback Iron Project, page-281

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BullishTrends

2,694 Posts.

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02/07/21

12:16

Post #: 54236566
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Originally posted by Realinvestor1: ↑

Had a great chat with Peter.
He basically said this is not the number you are going to see in PFS. Those numbers to prove that the project is viable can go into production and don't be disheartened by what you saw in that report, wait for great PFS. We are going to be a producer in 3 years time. So guys ignore that NPV number and wait for the PFS.

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MGT Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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Last 17.0¢		Change -0.010(5.56%)		Mkt cap ! $20.76M

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