MAU 0.38% $1.31 magnetic resources nl

Thanks Plough - the capital cost also strikes me as sounding low...

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    Thanks Plough - the capital cost also strikes me as sounding low and agree the strip ration at 14:1 is high. What attracted me is the grade and size of Lady Julie North and the fact that it is all open pit. Also, I surmise (hope) that given the location they will likely be taken over by an established player with a mill in the region.
 
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