MGT 4.41% 32.5¢ magnetite mines limited.

Ann: Quarterly Activities Report, page-3

  1. 1,011 Posts.
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    Nice! There a lot to take in.. potential DFS funding, land access offers, Japan/Arab potential partnership, water supply now changed to coastal vs the basin option (thats approx 200km of pipeline from port pirie which is of similar scale to the Port douglas + queensland project in 2009. That pipeline should be able to pump over 203 mega liters of water per day. I expect it to cost anywhere between 600m-1.2b with 1-2 treatment facilities, 5-12 water pumps, etc.), power supply is ticking along and then there is this "The Company also sees the potential for the development of green iron hubs in South Australia at locations such as Whyalla and Port Pirie and is establishing stakeholder relationships accordingly" Was that always on our roadmap? Are we going to produce HBI pellets too?

    What it is I see progress and we are moving in the right direction!
 
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