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0.00% 1.0¢ magnetite mines limited

Palovera, SRK is unique magnetite run like DSO ore. $8m mc with...

  1. micky78
    2,689 Posts.
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    04/12/13
    20:20
    Post #: 12658897
    Palovera, SRK is unique magnetite run like DSO ore. $8m mc with $13m cash. Xstrata offered $500m for the project several years ago. SRK OPEX is amazing $19 per tonne (70% less cost than BHP) and ROY is $62 per tonne.
    MFE Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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