MGT 2.78% 18.5¢ magnetite mines limited.

I’m yet to see any real talk from management in regards to...

  1. 90 Posts.
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    I’m yet to see any real talk from management in regards to pellets. Everything seems centred around just concentrate. If that is the cass though, it would fit in with our low cost start up. Pelletising modules could be added in later and would be a great buffer to lower IO prices. The increase in profit would not be lost on management and I’m sure they’ve considered it in their expansion plans, if not immediate add ons at completion.

    We’ll have a much better idea of where we are headed with the release of the DFS. One of the most understated strengths of our flagship project is that it’s being planned for expansion right from the start. 3mtpa can quickly turn into 6+ once all the heavy lifting is out of the way.


 
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