Very positive news, my opinion is that ROY magnetite deposit with the proven large reserves and ease of mining against the hard rock Magnetite existing mines will be a winner, they need Magnetite to mix with the DSO.
Toll has now manoeuvred around an obstacle that has kept the project in limbo. With a full 100 percent ownership I believe new interest from the big players will now eventuate. The SP entry is a good spec.
MFE Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held