MGX 3.03% 32.0¢ mount gibson iron limited

dealing with the chinese, page-2

  1. 6,289 Posts.
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    I reckon you got it wrong.
    Most already had a pretty good idea that the magnetite deal wouldnt fly otherwise the share price would have been north of a $1.
    A selldown today is likely which is fair enough as blue sky is now taken away but MGX is and should be all about maximising their haematite assets.
    Once we get this quarter out of the way they should be on track to become leaner and meaner and a cash machine.
 
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