MGT TAKEOVER?? TARGET 4B Tonnes iron ore, page-19

Today's so movement has got my attention on this stock, although I have not had a good look at all the details I have got this to say for anyone willing to listen. After working at another mag cons producer and reading that part in the quarterly about exploring the use of magnetic retrieval of the ore, imo this will be critical because if not they will be needing substantial amount of water to produce the cons which was a major bottleneck neck on the system. This is something that caught the management by suprise about 3-4 years into production. Given the recent noise around foreign investment on water sources this is something I would have a good look at before throwing the retirement fund at it. If the ore is coming out the ground at about 35%fe that's good enough but that is the easy part, processing is another beast. Please take or leave this information and all the best to those who are in and as always dyor.