MGX 4.11% 35.0¢ mount gibson iron limited

IO up 5%

  1. 20,405 Posts.
    lightbulb Created with Sketch. 1990
    62 fines back at 60
    MGX has tracked the IO price despite its massive cash pile. A firming of the IO price will see the SP move up not only due to operational profitability but the market will also get a lot more bullish on KI development . With a break even including capex of 46 USD a 65 USD price will be very profitable

    Will track back to 30s imo very soon
 
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