MGT 3.28% 29.5¢ magnetite mines limited.

Ann: Optimisation Transforms Razorback Iron Ore Project, page-14

  1. 140 Posts.
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    Great announcement. There is no doubt that is a monster project. Further expansion incoming with Iron Peak.

    Great buying opportunity was presented this last few months. I was unfortunate not to top up in the low 40’s, however did get in, in the low 50’s. Hopefully this is the start of a new uptrend.

    My biggest concern for the project is the infrastructure needed to be built in Myponie in order to ship 5-10Mt. The DFS will answer a few more of my questions. South Australia moves slow.

    cheers Mick.
 
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