MGT 5.56% 19.0¢ magnetite mines limited.

MGT SHARE PRICE,PRE & POST PFS, page-314

  1. 396 Posts.
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    Also FMG had to build a 300klm+ rail line, we need a 39k link to existing rail network.
    They built a new 180mtpa port, the SA rail network is already linked to several port options others are developing.
    The power supply is only a hop skip and jump away & likely to be green in the not to distant future.
    Twiggy had to contend with 2 behemoths who didn’t want competition or to share their infrastructure, we have active support.

    Yes MGT gets compared to FMG quite a bit but I believe this is because they are an Aussie icon and the most recent, people can relate. They went from a small start up pipe dream into the $70B extremely successful giant they are today, all in less then 20yrs.
    Also because no doubt we all hope that MGT can more
    or less follow their trajectory, yes theyve had some rough patches but over all they’ve delivered amazingly for their SH.
    If we can get over $20SP & $5/S in divi’s within 13 yrs of commencing production I’ll be a very happy holder.
 
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