MGT 3.57% 27.0¢ magnetite mines limited.

OH boy!!!The cap raise certainly a boost to the confidence of...

  1. 99 Posts.
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    OH boy!!!

    The cap raise certainly a boost to the confidence of the shareholders and no one will be ready to invest without a prospect of successful PFS in the coming weeks.
    The company is on track to meet the possible deadlines and as per the CEO in his recent interview, they might well be able to start producing earlier than expected.
    With updated geological model for the project and good update on "weathering zone" could add the potential road map of the viability for the production and finally an estimate on the economic gains.
    With sky high iron prices and on going demand, this might well be a starting to something big in the coming future.
    I am Excited !!!

    DYOR
 
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