MGT 5.26% 20.0¢ magnetite mines limited.

I've only been here for a short time but have invested a...

  1. 396 Posts.
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    I've only been here for a short time but have invested a sizeable chunk because form everything i've read, heard and seen these guys are on the up & up.

    They have the ability to produce high grade I/O, something the world is going to require for quite some time, at decent overheads. They are close to existing infrastructure especially when compared to some WA miners, unless i'm reading wrong, have the backing of the SA government (how much remains to be seen, hopefully bucket loads).
    Have the inside line on cutting edge tech which will only help.

    So if they are willing to put their necks on the chopping block and it comes through like we all hope because of the work they have and are doing, reward them accordingly.
 
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