"It's just bad management simple, people can piss in the wind ppall they want but sometimes just have to see it for what it is."
Fact is, really doesn't matter who the management are. Any reputable company who does thorough due diligence will quickly realise the numbers don't stack up and the risk is far too great.
Same process been going on since ROY days, the Carbon reduction/Green Iron/Lower emissions movement been a great platform and to be honest, the best opportunitie they've ever had to get this off the ground.
Reality is, this mountain of dirt containing low traces of Magnetite (as does most of Australia) will remain where it's been for ever.
NOT VIABLE.
MGT $ 1.00 TARGET PRICE 2024, page-647
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