MGT 3.77% 27.5¢ magnetite mines limited.

MGT share price, page-2766

  1. 2,195 Posts.
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    Mate, if you look at the project, The Razorback has lowest stripping ratio, it is nearly none to zero which means almost no wastage plus it is near surface infact you can see it with your naked eyes then if you read through scoping study it clearly mentions the continuity of high premium grade iron ore was identified in the area which are consistent in pattern useful for selective mining. This is itself called SELECTIVE mining mate and that shows they had already identified/selected areas of high grade fe 68.8% of magnetite which would be mined to maximise profits.
 
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28.5¢ 28.5¢ 26.0¢ $2.383K 8.876K

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27.5¢ 20000 1
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