MGT 3.39% 30.5¢ magnetite mines limited.

June 30 is not really a deadline as you put it. They have a...

  1. 149 Posts.
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    June 30 is not really a deadline as you put it. They have a project plan with an indicative date of an end of Q2 PFS release. Often projects run very late and are delayed, but if they announce the PFS on July 1st, or even the 1st week of July, they are essentially right on track, albeit a few days late but not really a major issue. Especially given the circumstances of already being funded for the next stage and having started work on the DFS.

    Even if they are 2 weeks late, the fundamentals of this company and what it has to offer haven’t changed and it would be silly to sell just because they didn’t met the indicated timeframe of their project plan.
 
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