MFE 0.00% 1.0¢ magnetite mines limited

something's in the wind, page-4

  1. 2,689 Posts.
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    Of course will take years to get to 4.8Bt. I am aware will only be around 500mt+ at similar grade (look at timetable in presentation). The board is still very confident about 4.8-8 bt based on km/mt ore discovery.

    Current cash position will NOT able to fund all the drillings to 4.8bt, so may be share issues in the near future.

    I am interested to know ROY's other projects in WA, eg JV with GBG. I wonder how's that going?
 
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