MGX mount gibson iron limited

Ann: December 2022 Half-Year Earnings Announcement, page-6

  1. 909 Posts.
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    I agree as well, the conservative nature of Peter i.e. saving the cash has worked out extremely well.

    We did indeed have substantial cash a couple of years ago, but it was all needed to get Koolan up and running. In fact, we needed to draw on the bank facilities.

    They have always said the focus was on Koolan and then once this is generating cash, they can. focus on other investments. We are on the cusp, perhaps 1 month away from the gravy train.
 
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