The fact is as I stated, the cash in the bank is down to $60 million vs $126 million in June qtr.
I'm definitely not wrong, its in black and white in the report.
Your rose colored glasses may state something different in your eyes.
However the fact remains the cash in the bank has reduced by $66 million FACT.
The iron ore 65% grade is currently US101.10/tonne CIF China FACT.
MGX will be getting US$80/tonne FOB FACT.
Which FACT are you arguing against??
MGX Price at posting:
37.0¢ Sentiment: Sell Disclosure: Held
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