MGT magnetite mines limited.
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If the study finds salty water is suitable for use in the...

  1. Jas K
    735 Posts.
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    08/09/23
    06:25
    Post #: 69778625
    If the study finds salty water is suitable for use in the elaborate process of beneficiation, they want to be sure there is still sufficient money being generated with the mega cost of these options after AISC.

    Any cash generated would have to be split 2 ways.
    Paying back the finance of the project.
    Replacing the entire beneficiation plant as it would be eaten away by salt after 5 years maximum.
    And there goes any upscale futere plans Lol......
    MGT Price at posting: 35.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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