MGT 1.67% 30.5¢ magnetite mines limited.

I have full confidence in what these guys are doing. Next step...

  1. 274 Posts.
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    I have full confidence in what these guys are doing. Next step is the nextore maximising value and improving NPV once this technology is considered in our next DFS ann.
    increase in plant feed = lower unit operating costs

    NextOre enthusiastically supports Magnetite Mine’s vision and approach to unlocking the vast resource in South Australia. Magnetite Mines methodology of carefully integrating mine and mill activities has the potential to generate the maximum value from bulk ore sorting solution, also likely resulting in a substantial increase in the head grade of plant feed, lower unit operating costs, and significant improvement in capital efficiency. It will also lead to environmental benefits, such as enhanced water efficiency, and reduced tailings volumes.
 
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