MGT 0.00% 30.5¢ magnetite mines limited.

thanks Tony.great find. But it clearly says the government will...

  1. 1,601 Posts.
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    thanks Tony.

    great find. But it clearly says the government will “secure” that investment, NOT Invest anything themselves. It’s not really what governments like to do. They’ll facilitate it, offer incentives, etc. but not actually put any $ in.
    clearly the funding timing is right in their 2022 window, so there’s a good chance we’re part of this project. in fact I’m sure we are. That map includes CAP ground.

    paste from that link:
    ”To secure $10 billion of combined investment by 2022 to unlock magnetite resources and increase South Australia's magnetite production to 50 million tonnes per annum by 2030.


    all good.

    cheers,
    ned.



 
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