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
MFE Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held