MGT 1.89% 26.0¢ magnetite mines limited.

True indeed. This is so surreal. We're all going to be rich, man...

  1. 2,891 Posts.
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    True indeed.

    This is so surreal.
    We're all going to be rich, man

    So in strengthening this perspective, if we had a median 20bt more at 20% magnetite, with existing resource that's literally 5 billion tonnes of pure iron. With selective mining, let's allocate that as 1 billion tonnes of pure, achieveable iron. Or approx vicinity of 1.3bt of product.
    So I mean, you know... 25mtpa of **highest** grade iron for 50+ years, which is, just, completely friggin' ridiculous.
    Acknowledging they'll start much smaller, off the bat.

    Anyway, Peter wants us to think small, but that's really hard to do haha, especially when we've got massive things right in front of us.

    Buy this stock for a very long, happy and leisurely retirement. Apart from our massive profits as markets realise what we're sitting on, this has vast long term potential.
 
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Last trade - 15.58pm 26/04/2024 (20 minute delay) ?
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