MFE 0.00% 1.0¢ magnetite mines limited

Some very good points Fundamental Guy. Thanks for that.CAP is...

  1. 2,689 Posts.
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    Some very good points Fundamental Guy. Thanks for that.

    CAP is the same as ROY in market cap, but CAP has other projects. However, ROY is much closer to port and Adelaide.

    In terms of State royalties and electricity prices, does anyone know if SA (ROY) vs NSW (CAP)? I know SA collects less royalty than WA at moment.

    At 8.5c still not many buyers and plenty of sellers.

    FMS is one of my most profitable stock (sold out after annouced T/O). FMS is completely lack of infrastructures. However, spare some thoughts for Murchison/Midwest region.

    I do look forward to buy both CAP and ROY at some point in the near future. Just right now Iron stocks not getting much support. Hopefully things will improve.
 
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