MGT 4.88% 39.0¢ magnetite mines limited.

Ann: Metallurgy Confirms Flowsheet and DR Pellet Feed Potential, page-37

  1. 208 Posts.
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    Yes its an exploration company that was explored drilled and had a jorc resource many many years ago, whats the next step after you find a proven resource- DEVELOP IT. Management doing it at a snails pace.

    Ill just have to agree to disagree as no one likes back and forth bickering.
    SP is directly correlated to what investors value a company at any given time. Youd think 2 years after a PFS investors would value the company equally if not higher as the project advanced further would you not? We're valued somewhere around 4 times lower, you happy with that?
 
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