re: Ann: Razorback Magnetite Resource Doubles...
Excellent announcement today to double resources - in a down mkt - the Company is moving ahead exactly as planned and have stated it will aim to substantially increase existing resource by year end.
The ultimate target is for a 4.8 to 8 billion tonnes resource - located close to established roads, rail, power and port - can't ask for much more than that !
One for the bottom drawer with solid upside evident during coming months IMO.
MFE Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held