MNS 0.00% 4.2¢ magnis energy technologies ltd

Too true Tarecq Don't get me wrong more interest in this stock...

  1. 1,659 Posts.
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    Too true Tarecq

    Don't get me wrong more interest in this stock is great as it brings new buyers here today and in the future. We are ever expanding our radar.

    People need to realise that todays announcement is visual and assys will follow in the near future. Not Q4 as some muppet said earlier on this forum.

    The whole this is not as good as TON or KNL is the argument that people have when armed with no research.

    Im not going to post again why this stock will exceed all.
    Some people need to research this and find out for themselves.

    However I will say this -

    UNX has an ETR of 400 million tonne at a grade of 6.5% on average.
    This is based on 67 drill holes completed in 2013 to an ave depth of 50 metres spaced approx 700 metres apart with an ave of 30 metres of mineralisation in each hole.
    Today announcement highlights one hole with 143 metres of mineralisation.

    Do the maths and work on an average of 100 metres mineralisation in each hole moving forward and the resource will quite easily be 1.3 billion tonne and ABOVE etc etc etc
    No deleterious materials
    Close to transport
    Excellent metallurgy
    Large to Jumbo Flake
    High Class Management
    MOU Signed - Offtake penned by end of Q4 2014

    Cheers

    Matt
 
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