MFE magnetite mines limited

Nice and early announcement of a large jorc. Strange time for it...

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    Nice and early announcement of a large jorc. Strange time for it with the European debacle upon us but could not resist with the price down to a paltry 11c, what an absolute bargain.
    Reading further into the detail there is more to come with Ironback only incorporating 65% of the drill program plus Razorback upgrade to come as well at year end. Would not surprise me if this went from 1.25 billion to 2.2 billion tons at year end.
    Stuff Europe this is good money
 
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