MGX 4.11% 35.0¢ mount gibson iron limited

almost there, page-31

  1. 4,045 Posts.
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    Koolan Island 9+ years at 3 Mtpa, or 7+ years at 4 Mtpa. Also planning underway to explore Koolan South tenement.

    Tallering Peak 2.5 Mt this year then finished.

    Extension Hill just started mining, not sure how big it is though, perhaps another poster knows more? I think they're still exploring it. Also waiting on approvals to explore Iron Hill & Gibson Hill.

    Looking to top up myself pete444, agree it's way oversold but I want to see strong support come in first, and so far support looks weak. The last low was 61.5c and today has set a lower low of 59c so far. I thought maybe 55 - 60c level might hold, 55c a very strong support level but if it doesn't hold then 40 - 45c (post GFC support) is, though incredible for a stock worth at least $1 imo, possible.
 
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