MGX 1.30% 39.0¢ mount gibson iron limited

quarterly activities report due, page-19

  1. 18,601 Posts.
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    re: eddie wrongway, are you factoring in profits from the Mt Gibson project or just Tallering Peak? Yesterday's ann forecast $9m NPAT for 2004 from Tallering Peak

    market cap $33m prospective PE 3.7 times
    would justify your 25c valuation

    what about when the other project comes on stream? plus potential from magnetite

    regards
 
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