Not sure if this was posted
Just to recap in a month ago repaid 50 m
Seven months ago, Mount Gibson was trading at 27c and sitting on a cash pile of $400m from mining operations and a big insurance payout.
Now the stock is trading at 50c and the cash pile has grown to $447m, roughly in line with the company’s recent market value.
So they made 47m in 7 months
So ago once Sh and new share holders catch Wind our price should be healthier.
http://www.theaustralian.com.au/bus...s/news-story/480d6ee19dc84bde3c8baeda3951d566
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