MGT 2.78% 18.5¢ magnetite mines limited.

It wasn't a comparison of where they're both at, it's to show...

  1. 75 Posts.
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    It wasn't a comparison of where they're both at, it's to show where mgt could be by the time we start production. MGT will be producing similar grades at a cheaper cost, with 80% less initial CAPEX costs ($2billion less).

    Our in-ground grades are a bit lower but the cost of processing and concentrating it has already been factored into the $58/t operating cost so that argument doesn't really work here.


 
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