Read between the lines (without the MGT rose-coloured glasses):-...

Read between the lines (without the MGT rose-coloured glasses):

- China demand remains strong, but a few articles (go google them) also claims China is strategically going to focus on Sth Africa and South American iron ore supplies; and slowly reduce their dependence on Aussie iron ore. Watch out Aussie iron ore miners...don’t underestimate geo-politics.
- Suggests buying FEX as it’s almost at production stage. That’s if you think FEX is suitable for your portfolio.
- Whist prices for iron ore remains strong, it’s a supply and demand equation (look at what happened to lithium). To explain this, if MGT does ever go into production, its ore reserves will negatively impact iron ore prices due to so much of it being available as magnetite in that region (and that’s a big “IF” MGT becomes a miner).

As I said recently in another thread - know what you have bought and don’t follow the hype.

Hold if you have actually done your research and believe in MGT and let the market dictate the share price...