MGT 2.63% 18.5¢ magnetite mines limited.

MGT share price, page-8497

  1. 2,694 Posts.
    lightbulb Created with Sketch. 1756
    Exactly and to top it all off, we have also included a 20+% contingency on our cost figures , so on the provision everything goes to plan could be looking even cheaper to produce the tonne...

    Anyone that thinks $160mill in post tax revenue per annum (for 20+years) with a conservative 20% irr.... is shit???...
    All I can say to them is education required.

    Case and point mate, just the spread from the 62%fe benchmark to our premium 68.5% product, would be enough to cover all opex/t at current prices... and even at $110 for 62% sees us printing money...



    Last edited by BullishTrends: 03/08/21
 
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