MFE 0.00% 1.0¢ magnetite mines limited

""bright future as iron ore producer.??""just reading the...

  1. 34,604 Posts.

    ""bright future as iron ore producer.??""

    just reading the information available looks like Royal may have a bright future as an Iron Ore Producer "Razorback Project".

    management are keeping people in the loop with a newsletter, good idea.

    also, it's a pretty experienced board of directors.

    whilst still at an early stage one would need plenty of patience.

    options:

    bring in JVP.

    establish a cash rich backer ie: Chinese investors.

    if at the end of the day "the ducks line up" sometime in the future it's share price will reflect true value.

    i would suggest some research..

 
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