MGT 10.2% 32.5¢ magnetite mines limited.

MGT TAKEOVER?? TARGET 4B Tonnes iron ore, page-2495

  1. 1,978 Posts.
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    FMG MC $62.5 BILLION
    MGT MC $122 million.

    That means our MC is approx 2% that of FMG by my calcs. I know FMG have more IO than us. ... but 50 times more?

    This is crude given that they're a locked and loaded producer, but that said, I'm trying to get a handle on comparative resources. I'm not an IO specialist. Only jumped in last week as my initial research into MGT was compelling.

    Do any of the IO seniors here have any rough comparative resource numbers they can share?

    Thank you for having me.
    Last edited by jaydee74: 19/03/21
 
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