MGT 3.70% 13.0¢ magnetite mines limited.

Mgt assets are boomtime assets. Having a breakeven of $50 for...

  1. 934 Posts.
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    Mgt assets are boomtime assets. Having a breakeven of $50 for dso equilevant ore is very high. One of the highest in the industry. Thats the struggle mgt have. Centrex went down the same road for the same sort of iron ore assets, and look where they are now. The Chinese pumped 100m into it for no return. Your going to get the same thing. Forget holding long term, mgt is only good to trade, thats it
    Last edited by Daz08: 07/11/21
 
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