MGT 2.78% 18.5¢ magnetite mines limited.

MGT share price, page-1392

  1. 2,196 Posts.
    lightbulb Created with Sketch. 813
    Well I managed to find few historical drill results at Razorback project. Just for the view. @MrStrengths, hahaha just before your post, I was looking for the production target from MGT, could not find it. Looks like few people started thinking at the same time hahahah.

    Under the asx regulations the company is not allowed to disclose the production target without reasonably being certain (Finances,Revneue etc), However, The PFS results 2013 January reveals 8.2mtpa and optimized PFS November 2013 as 9.1mtpa. Remember they were based on full scale mining operations but as you said there is a great chance of increased production in the future.

    As i also said this few weeks back, just imagine you are running a small but successful production unit, sitting on a 4B tonnes resource. Imagine that, this project gonna attract any thing in the world.


    Look out for fe concentrates below lol. DYOR, Cheers

    https://hotcopper.com.au/data/attachments/2842/2842821-8257299b23fb3d847e3f2b5386a59032.jpg



    https://hotcopper.com.au/data/attachments/2842/2842822-0c504fad963b7c6ddcf17b1f3e752c0a.jpg
    Last edited by Stocki: 26/01/21
 
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