MGX 3.17% 30.5¢ mount gibson iron limited

Ann: Koolan Island Update, page-88

  1. 1,166 Posts.
    lightbulb Created with Sketch. 7
    you have not included any potential payout from insurance company....

    the company was trading at discount to cash backing as the brokers thought the strip ratio will burn cash...
    now there is no mining to be done.. still trading below cash backing...

    damned if you do ... damned if you dont
 
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