MGT 2.78% 18.5¢ magnetite mines limited.

Ann: Positive PFS Results for Razorback Iron Ore Project, page-609

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 934 Posts.
    lightbulb Created with Sketch. 153
    The big miners have costs in the teens, low 20's. Mgt will be one of the first mines in the world to close up shop with a breakdown of $54. That doesn't include company costs, that will add atleast $5. And forecasts always under estimate costs. So more likely costs would be close to $65 a tonne.

    smart money is leaving the building
    Last edited by Daz08: 09/07/21
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.