MGX 0.00% 43.0¢ mount gibson iron limited

has mgx beem out-negotiated?, page-5

  1. 515 Posts.
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    "MGX will separately procure funding for the development of the estimated $250 million slurry pipeline and $50 million port infrastructure. Discussions have commenced with a number of established infrastructure groups to partner MGX in these developments."

    If mgx has to fund pipline itself, what is this deal for, give Shougang 13% shares for free? I am going to vote it down
 
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