MGT magnetite mines limited.
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Ann: Optimisation Transforms Razorback Iron Ore Project, page-74

  1. bom_tenham6641
    73 Posts.
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    22/03/23
    16:51
    Post #: 66905106
    Looking at the "next steps" section, it reads to me that this announcement IS the go-forward case. I.e., 5mtpa startup, 10mtpa after 5 years, and further expansion thereafter.

    The next steps are the work required to transform the optimisation study into the DFS.

    Happy to be wrong, but I don't see there being further announcements regarding go-forward case in Q1. The further resource upgrade is 1-2months away (from Tim's interview).

    It is crazy to think that MGT is at ~$42m market cap...
    MGT Price at posting: 61.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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