MGT 16.7% 31.5¢ magnetite mines limited.

You realise the 1.9 billion $ Capex is for the expansion 3-5...

  1. 75 Posts.
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    You realise the 1.9 billion $ Capex is for the expansion 3-5 years after production has already begun.

    the initial Capex is approx $500m to start mining.

    Once the $1.9b expansion is complete it will be paid back in 2 years because of how much money the company will be making...
 
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