MGT 2.04% 24.0¢ magnetite mines limited.

Hio up 33% today Mgt flat!, page-55

  1. 48 Posts.
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    Hi all, please be wary of people commenting they hold both, but hold much more HIO because it's superior. I get the feeling its self interest rather than fact or research based. The product is obviously amazing, but there's more to it.

    I personally favour MGT because of things like management team, low strip ratio and low capex to name a few. Also the methodical and conservative PFS and DFS studies to date. I am also interested to see what happens with Muster Dam.

    I suspect both will reach production eventually. For me it comes down to which is more likely by 2025, based on information at hand now. And that for me at present is MGT. That of course could change in coming months with new information to hand.

    HIO and also IRD could also do extremely well however they have, in my opinion, more bridges to cross at this stage. As those 2 derisk, I will buy.

    I could be wrong though... Good luck
 
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