MGT 5.56% 19.0¢ magnetite mines limited.

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  1. 120 Posts.
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    Hi hazyg, the video you watched is the ore sorting using the ore sensing that you mentioned hence the 2 piles, one pile for waste and the other high quality ore pile. This is ore sorting, you just need to add a conveyor belt underneath it to carry the ore and that's it. I'm not sure about being 'elegant' but the information in it is very easy to understand and is meant for normal people like us to read.

    NextOre is actually CSIRO, our national research institute that originally created WiFi. It is not uncommon for them to work with companies to bring out new tech and MGT has EXCLUSIVE rights to using this improved ore sorting method.
    Keep in mind that Australia actually has the best mining tech that we even export overseas and for NextOre to win 2020 Australian Tech Competition for Mining Tech, that is saying something.

    For me this is another trump card that puts MGT above the rest.


 
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