MGX mount gibson iron limited

Ann: Chairman Succession, page-73

  1. 2,354 Posts.
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    if it is of magnitude then CR is possible including taking on debt

    Hi Samsonrises,

    I like the way that John Welborn of FEX acquired the right to mine on a Sino Steel tennament. John negotiated a deal where FEX pays Sino Steel $2 for every tonne of ore mined. A pay as you go purchase !

    And then John tenders out for a company to do the mining . . . rather than use his own crew.

    John would have been great to have on our BoD.


 
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