MGX 1.54% 32.0¢ mount gibson iron limited

re: customers, page-2

  1. 1,050 Posts.
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    re: customers Think they supply metals traders and smaller mills who rely on obtaining letters of credit to finance their shipments.

    If it continues to be a problem I don't see why they can't sell on the spot market as the ore is high quality.

    Looks way oversold to me, historical p/e of 5 for a company that just recieved an 80% price increase for its product, massive FX bonus and is ramping up volumes. Funnymentals mean little at present but sanity will return.
 
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32.5¢ 32.5¢ 31.0¢ $500.4K 1.571M

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2 107146 32.0¢
 

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32.5¢ 60553 2
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