MGT 1.85% 27.5¢ magnetite mines limited.

Ok, this afternoon I had a phone call to Peter with a couple of...

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    Ok, this afternoon I had a phone call to Peter with a couple of my colleagues who are also invested in MGT, Given that iron ore price has dropped dramatically and Sp is what it is, Peter Schubert did mention that some announcements are not to far away. Our main question revolved around funding for the project, Peter mentioned that there would be some news to funding incorporated with the DFS but has been negotiating with possible investors at current.
    Overall he sounded positive and a lot can change in one month, so I hope this may be something positive for share holders who maybe anxious at the current down turn.
 
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