MGT magnetite mines limited.

Just remember that the now directors also have invested heavily...

  1. 607 Posts.
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    Just remember that the now directors also have invested heavily into this project, and for it to amount to nothing would be a huge loss for them also, so it’s important to follow them with buying or selling their shares.
    I’m sure management are working towards DFS, but putting a time frame on delivering it when so many changes have already happened and future changes also would be misleading shareholders, so ld likely believe they are working towards choice of water source and port facilities before announcing timeframe for DFS. As frustrating as it is, patience for now is probably best solution..
    Everyone has a different perspective and investment strategy, so judging the book by its cover at this stage is simply just noise. Let’s wait and see over next couple of months how much work they’ve done from next announcement.
 
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