MGT 4.92% 29.0¢ magnetite mines limited.

Ann: Progress Update Webinar with CEO Tim Dobson, page-19

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    Just quickly, if you listen carefully to the words spoken, the DFS Has a shelf life and once all the detailed engineering drawings/ work is done and application of mining license is sort in conjunction with DFS, there is some big dollars involved in this process that the partners are now funding, shortly after the FID and construction can start. My estimated time line for this could be up to twelve months but for now we are still viable.
 
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