MGX 2.56% 38.0¢ mount gibson iron limited

cleveland-cliffs/portman , page-2

  1. 1,504 Posts.
    lightbulb Created with Sketch. 44
    Well spotted, as always, Needle.

    In one of Cleveland's comments some time ago, they were very open about Portman simply being the entrance to the Aussie iron scene.

    AZR isn't big enough to be worthwhile....and other projects may be too far off (unless they have a real favourite, and will grab anyway), leaving MGX as the obvious target.

    CSM was rebuffed by MGX years ago when the share price was in the teens, but maybe a bid at $1 might land the company.....

    Interesting, will certainly be watching...


    What profit would that give BJ?

    Cheers

    Rosco
 
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