MGT 2.63% 18.5¢ magnetite mines limited.

Ann: Progress Update Webinar with CEO Tim Dobson, page-68

  1. 625 Posts.
    lightbulb Created with Sketch. 239
    How about the channel they were going to dig from Lake Eyre to Razorback as fresh water supply. Lol

    Gina, Twiggy, Chris, BHP, RIO etc are all in the business of developing projects that are sustainable & profitable, growing their company's value and returns to shareholders.
    They know Iron Ore and they know this stranded pile of low grade magnetite does not align with their company goals, maintaining/increasing profitability, company growth, sustainability, share holders value etc.

    I wonder if they would allow us to fish in that channel if they go ahead with it? Haha


 
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