MGT 0.00% 19.0¢ magnetite mines limited.

Ann: Razorback Iron Ore Project Update, page-73

  1. 80 Posts.
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    Sold out yesterday. When I invested, I had the impression water problem solved. Not so. The next thing that floored me was start of bargaining
    with landholders and " the locals" over land rights, Royalties and etc. Again, thought this had been nailed down. Bargaining with "the locals" is as long as a piece string. I wonder if there is any "potential Investors" left in that secret room. Also came to the conclusion that there will be an ask for more money soon for OPEX to keep Dobby's Salary for going for the next 5 years. The Myth of the "Green Steel" is some 20 years away and I'm not waiting that long. Good luck to those investors who have more stomach for this stock than I.
 
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