MGT 1.39% 35.5¢ magnetite mines limited.

Ann: Quarterly Activities Report, page-2

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    So we need a partner to fund completion of the DFS and we have less than 2 quarters of cash.

    Hopefully that happens soon, 16 months after a change in strategy we are hearing there’s still a lot to do to complete the DFS once we can get some funding from a partner.

    Those negotiations are at a very early stage, management are useless we won’t see a DFS this year.
 
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