MFE
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0.00% 1.0¢ magnetite mines limited

iron ore results and resource out monday, page-6

  1. dalvin_au
    253 Posts.
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    23/11/07
    14:14
    Post #: 3038553
    Risktrader,

    You called ELK mate. I'm with you on this one.
    If they come up with a >60% resource and targeting 200mt of Fe.
    Hence whats the price of Fe?
    How many shares on issue? According to Westpac the shares on issue is only 57.9m. Jeez thats a tiny amount.

    As I stated before; $1.00 is easy.

    CHeers
    D
    MFE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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