- not going anywhere, page-31

re: hope it does well. equity Equity There are around 400 million shares on issue prices at around 73 cents each.
That gives a capitalised value (cap) for the company of around $300 million and will export around 4 million tons in near term

As an example Compare that with TFE with a cap of 23 million which will be exporting around 1.5 million tons of ore per annum

So leaving the mine gate each day you could expect to send four times as much with an investment in TFE compared with MGX all things being equal (which they arent)

Magnetite is slightly magnetic Dwecke but is not called magnetic ore