MGT magnetite mines limited.
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Did you guys notice them asians in the picture... and then there...

  1. MGT4eva
    1,130 Posts.
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    01/09/23
    17:46
    Post #: 69695513
    Did you guys notice them asians in the picture... and then there is this presentation in August 2022 from POSCO

    https://hotcopper.com.au/data/attachments/5556/5556973-446de25cb3c1b3a21b80deddf76bafbc.jpg
    demo plant in 2030... if our FID is 2024 with construction + 2 years = 2027 latest, That would make us prime candidates for their plant in 2030...Where do you think they are going to source that iron ore from for their HYREX hydrogren Reduction process? Hmm...
    Last edited by MGT4eva: 01/09/23
    MGT Price at posting: 37.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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