MFE 0.00% 1.0¢ magnetite mines limited

good on you management - all credit to you!, page-7

  1. 2,689 Posts.
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    Westaussie! Don't forget ROY does have better infrastructures than others like MMX. However, will 1 bt without DSO boost share price? A lot companies are struggling to get funding, according to ROY's timetable start construction in 2013 leaving 3 mths (Q4 '12) to secure a funding (see presentation).

    At what price would you say a takeover is a fair value? I am thinking around $0.50+ (300m+ shares).
 
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