MGT broker data, page-45

See the below on youtube which will give you a l/t view. its actually vey revealing about the potentiality of MGT up to 3 -4 years going forward.
"Magnetite Mines 100x Returns"
vid on youtube. Here is the url: https://youtu.be/8u1pJ2_IWtQ
Here is an intro to the vid.

“ Magnetite mines (ASX MGT) has a globally significant resource of 3.9 billion tonnes of high grade iron ore. Once concentrated the ore is 67-68% Fe with low delirious impurity’s such as Alumina. This is significant as it is comparable resource size to large miners such as FMG which has 8 billion tonnes of ore with a much lower concentrate 58%. By my calculation MGT could produce iron ore with a significant profit margin in between 100 million - 1 billion dollar per annum and achieve a Mcap of 6.5 billion or more. Given the current cap of 65 million there is room for 100x returns or more in the next 3-4 years so I have invested $1000 “