MGX 3.23% 32.0¢ mount gibson iron limited

debt debt and more debt vs none, page-28

  1. 5,583 Posts.
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    I doubt it joey, it's the well-known Peter Kerr effect, down is the only way as soon as he gets involved with anything.

    He's already bankrupted one company.

    Then moved onto Bannerman (BMN) where he oversaw the delivery of an expensive and totally unnecessary BFS on the Etango project, which even little tots witnessing the world for the first time would say "no hope in hell this project will get off the ground". Should've just manned up and said, 'we're wasting our time here, time to shut shop and return the capital back to the company shareholders', but nah, the salary was too good and he decided to side with evil.

    God help us with what he's doing with the MGX finances.

 
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