MGT 1.92% 25.5¢ magnetite mines limited.

MGT share price, page-4611

  1. 2,694 Posts.
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    @Poida22
    Honestly, based on info that has been produced.... not at all.

    *Friendly mining jurisdiction
    *Government involvement.
    *Low strip ratio and a selective mining approach towards massive, high grade resources.
    *Exclusivity to industry leading tech for ore sorting and low power and water consumption .
    *Existing and supporting infrastructure for transport.
    *Tens of millions of dollars in drilling and studies undertaken over the last 10+ years understanding and defining our resources.

    We are all just waiting for the details in PFS this quarter showing production vs capex/opex... and in turn elaboration of other studies like the 2019 scoping study.
    IMO production is a matter of when not if.
    Last edited by BullishTrends: 15/04/21
 
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