MGX 0.00% 36.5¢ mount gibson iron limited

Ann: Quarterly Activities Report, page-16

  1. 2,991 Posts.
    lightbulb Created with Sketch. 620

    Given the issues at KI, a pretty sound Quarterly overall.

    Whilst the increased sales volume for 19/20 is pleasing, the fact that it appears to be all coming out of the Mid West tempers initial excitement.....

    Interesting decision re the expanded Airstrip to all-weather status costing circa $20mil. Tending to agree with @Pctrader on this.

    Not selling, but probably won't be buying any more unless there is a substantial pull back, which, coronovirus aside, would be unlikely, even post LNY.

    Next update will be of interest - 19th Feb for the 6 monthly results.

    GLTAH.
    Last edited by macssharesforfun: 25/01/20
 
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