As a starting point, please have a read through the following link from MGT’s website.
https://magnetitemines.com/razorback-project/
Also, in ground, the grade is low, but it can be processed to achieve a grade of 68.8%, not 62%. And the ore body is pretty consistent in nature, with low/no stripping required as it is near surface and soft ground to mine. They will receive a premium for this high grade product. They have also identified 4.2 billion tonnes of IO at Razorback. They also recently were awarded Muster Dam which has 1.5 billion tonnes available to mine. Plus they have other unexplored areas under their control.
The summary page on the recent PFS will also answer some of your questions.
As a starting point, please have a read through the following...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.07M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5879 | 8.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 2240 | 1 |
View Market Depth
| Last trade - 08.06am 04/07/2025 (20 minute delay) ? |
| MGT (ASX) Chart |
Day chart unavailable