MGT 0.00% 30.0¢ magnetite mines limited.

Hi Glenn, I have been focussed on Muster Dam for that reason, a...

  1. 216 Posts.
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    Hi Glenn, I have been focussed on Muster Dam for that reason, a resource we received for free. The details of the extensive drilling were uncannily similar to HIO resource, 69.8%fe and DRI grade in it's purity. This imo is where outsized profits can be made. Unfortunately this is overlooked as not currently a part of DFS from my knowledge. This is where my problem is here, and it's no ones fault but MGT is an embarrassment of riches. We are asking the market to look ahead but they only want to know what is being presented for finance, and fair enough too in that respect. I see our resource as almost too extensive for a start up, and I can very well see us being a TO proposition for an entity with the ability to take advantage. All an issue of timing at this stage imo
 
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