MGT magnetite mines limited.
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probably more now if stage 1 is 5mtpa...... Could end up being...

  1. Ilzenberg
    190 Posts.
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    13/09/22
    14:21
    Post #: 63672411
    probably more now if stage 1 is 5mtpa...... Could end up being 5mtpa for stage 1 as per announcement and 10mtpa for stage 2. Reading between the lines going to 5mtpa is a potential offtake partner/s request so feaso will be done as a result. Offtake partner to provide funding as well for stage 1 and with track record and up and running profitable business they can proceed with stage 2 3-4 yrs later.
    MGT Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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