MGT share price, page-9347

Great start to the week. Price action was definitely influenced by what’s currently happening in Guinea, possibly also Afghanistan to a lesser degree. Most African projects face similar risks in the form of civil and religious wars, with a heavy pinch of extremism thrown in.

The conflicting reports coming from the Taliban and Afghanistan’s Panjshir Valley resistance would also be creating doubt on the country’s ability to unify and actually tap the resources they have. A terrorist attack over the weekend within Pakistan on the Afgan border, which has been claimed an Islamic group, adds fuel to the fire.

Reliability, Safety, distance to market and production costs are Australian iron ores biggest strengths. With the South Australian iron ore plan, we can add purity and environmentally sound to the mix.