MGX 3.17% 30.5¢ mount gibson iron limited

A potential merger between MGX and AGO? AGO has $250m debt, and...

  1. 213 Posts.
    A potential merger between MGX and AGO?
    AGO has $250m debt, and they are lack of cash, while MGX is FULLY cashed up.
    On the other hand, given the pit wall disaster that has rendered MGX's Koolan Island I/O mine,
    it might worth thinking ,
    what is the chance of merger between these MGX & AGO?
    any thoughts welcome.
    Cheers
    xkon4
 
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