MGT 0.00% 27.0¢ magnetite mines limited.

MGT TAKEOVER?? TARGET 4B Tonnes iron ore, page-66

  1. 875 Posts.
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    With the current circumstances now is the best time for the government to step in and create local jobs and utilise any skilled fifo workers who may currently be out of work IMO.

    It would create thousands of jobs and improve existing ports, roads, rail, electricity etc. Hopefully they look at something soon.

    Just another huge positive for this project - it's not far from Adelaide and all the required infrastructure. Makes sense to develop that area around Razorback above the others which are smaller deposits and further away.

    So yeah a few billion our way and if we can get the mine developed this will be huge news for us holders.


 
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