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38.0¢ magnetite mines limited.

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next2us

317 Posts.

74

11/03/24

19:59

Post #: 72845973
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Originally posted by treefeller: ↑

The point about mines (projects) being blocked is very very real. The major offshore windfarm SW Vic and SE SOz is a case in point. Major fed govt policy behind this (green, carbon neutral etc etc) but has been cut back by 3/4 the intended size because of environmental risk issues - whales, bathymetry etc, actually many ocean issues.

Today no project is assured of a green light and the the major orange flag in the Braemar deposit is environmental - this area is very sensitive arid zone country, very beautiful landscapes and easily permanently damaged - restoration of the environment after mining IF it is approved will be a massive hurdle IMV.

So TF agrees with next2; need to be well on top of potential issues before they shit-can the project.

Tip...always keep reviewing the potential of a share to get into production on an EIS basis - Economics, Environmental and Social, because the approvals will be given for all components on this basis.

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All "fluff pieces" according to some ....

MGT Price at posting: 26.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 38.0¢		Change 0.010(2.70%)		Mkt cap ! $37.89M

Open	High	Low	Value	Volume
36.5¢	38.5¢	36.5¢	$14.82K	39.62K

Buyers (Bids)

No.	Vol.	Price($)
2	2504	37.0¢

Sellers (Offers)

Price($)	Vol.	No.
38.0¢	12608	2

View Market Depth

No.	Vol.	Price($)
3	24555	0.370
1	10000	0.365
2	16569	0.360
2	54000	0.350
1	5900	0.345

Price($)	Vol.	No.
0.395	19940	1
0.400	64881	7
0.410	3400	1
0.415	30000	1
0.425	2750	1

Last trade - 11.18am 15/05/2024 (20 minute delay)


Last 38.0¢			Change 0.010 ( 2.70 %)
Open	High		Low	Volume
36.5¢	38.5¢		36.5¢	9679
Last updated 11.18am 15/05/2024 ?

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