But really guys and gals you have all not been comprehensing what Marcis Fils has been saying. If you are dickum in investing in a stock, look closely at their releases. Please read the recovery rate of actual magnetite againsT cost assoctiated with mining and beneficiation and final shipping grades in this huge and I mean huge deposit.
Please read carefully Marcis Fils answers to all questions why this deposit shines against any other in Aust.Read the releases between the lines and ask yourself why a prominent ex RIO Man is so rapped in this deposit throwing plenty of money to move this project rapidly forward.
Ask yourself why the Sth Aust Govt is behind this. When the pennies drop go and buy some of this stock at 18 cents.
The announcement today on a new structure for payment to the original Vendor in my opinion is an open door for some new partner to enter. I would not be surprised if this one is not Chinese but one that recognises that the Mid West magnetite provinces who are reliant on the new port being built at Geralton maybe a few years off wherin ROY has all the right moves in place offers a more secure investment.
DO YOUR OWN RESEARCH
MFE Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held