Maybe on the up after a dormant period - latest announcement is very positive - states they are discussing Feasibility Study funding - PFS has been completed and verified by an independent third party and confirms project to be very profitable and long term.
Low cost Magnetite commands a $20 per tonne premium to standard hematite.
Deposit commences at the surface and is located close to all facilities (roads, power etc) in South Australia.
GLTA
ROY, page-2
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