MGT 4.92% 29.0¢ magnetite mines limited.

ZIP doesn't have billions of tonnes of IO ;) and a PFS any due...

  1. 2,694 Posts.
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    ZIP doesn't have billions of tonnes of IO and a PFS any due any week this quarter, plus the tech sector is stupidly unpredictable.
    Allthough I do agree 3-400% in 2 months is a bit far fetched.

    IMO 7-10c pre PFS based on Quantitative and fundamental analysis.
    Upon a successful PFS based around a low scale operation (say 2mtpa) 10-14c.
    If its a larger operation (closer to 10mtpa) then i see us at 14-20c.
    If its something crazy like a low capex 25mtpa then fuel the rocket cause skies the limit
    Obviously we will continue to unlock value throughout future study phases (DFS, BOST, Environmental etc) thereafter
    Always IMO DYOR GLTASH
    Last edited by BullishTrends: 22/04/21
 
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