MGT 1.92% 25.5¢ magnetite mines limited.

Great announcement. There is no doubt that is a monster project....

  1. 142 Posts.
    lightbulb Created with Sketch. 34
    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.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.