MGT 3.57% 27.0¢ magnetite mines limited.

Pardon my ignorance as I've recently stumbled across MGT...

  1. 91 Posts.
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    Pardon my ignorance as I've recently stumbled across MGT and don't pretend to be in the know.

    I like what I'm looking at but there seems to be lots of disgruntled holders in the MGT forum, can long term holders explain why?

    From fresh eyes looking in, I see an extremely large high grade, easily accessible ore body with existing infrastructure near by (which I would like to learn more about).

    Who owns the existing rail/ports, has there been any info released about the potential use of existing infrastructure etc?

    The potential to go downstream onsite and be powered by renewables is only going to be of higher importance as the years roll on... what am I missing?

    I see first ore isnt expected until 2025, that being the case I would assume we need a medium to long term horizon here.

    Anyway, I'll continue to read up but any quality articles/videos would be greatly appreciated.

    Thanks in advance.
 
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