I reckon, Peter Kerr, being good mates with John Welborn, would be well aware of the failed FEX bid for the Robe Mesa iron ore resource.
The wording of MGX's recent quarterly report removed the previously copy and paste reference to "iron ore" as a focus for future aquisition.
Coinciding with the deletion of "iron ore" from the business development section in the recent quarterly report, was the appointment of Brett Smith as chairman of the BoD of MGX. Peter is a chemical engineer with much experience with processing of various materials.
MGX Price at posting:
29.5¢ Sentiment: None Disclosure: Held
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