MGT 1.72% 28.5¢ magnetite mines limited.

MGT General and Off Topic Chat, page-64

  1. 1,020 Posts.
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    Nah all good mate. For whatever reason I got excited about Gupta's 1b investment at Whyalla + drew a direct connection to our razorboack resource. Obviously we are at the early stages of the project so things will change. Imagine the number of green companies/contractors that will be available to us once we are ready? Most will come with lessons learnt from the first implementation at Whyalla lol.

    Anyway, we are on the cusp of an EV/green revolution = need lots of steel to produce new vehicles/ships, new gigafactories/buildings to meet the climate accord = all of which requires steel. Green steel. Looks like MGT is heading in that direction so OH YEAH! I hope to see solar farms, hydrogen powered trains/trucks as transport/power options in their PFS. Exciting times.
 
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