MGX mount gibson iron limited

"negotiations can pan out for sometime"Hi Samsonrises,I agree,...

  1. 2,277 Posts.
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    "negotiations can pan out for sometime"

    Hi Samsonrises,

    I agree, Peter made it clear that the buyback would be halted in the case of negotiations (that's on record in a recent audio on the MGX website)

    Adding to that, is Brett Smith making it clear that any feasability studies need to be scrutinized (something Brett is good at).

    Brett also added that setting up processing plants can be complicated, sighting an example of a plant where ore had to go through 15 processes.

    If we were looking at another simple dig rocks and crush them venture, then most likely we would not need the services of someone with the expertise of Brett Smith.

    If indeed we are looking at a pivot into a bullish commodity, then even while we set up a processing plant it will be value accretive even while still in the ground.

    Brett is very bullish on tin, but Brett also has experience with gold


 
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(20min delay)
Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $306.6M
Open High Low Value Volume
26.5¢ 27.0¢ 26.0¢ $192.9K 731.7K

Buyers (Bids)

No. Vol. Price($)
12 819885 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 180818 19
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Last trade - 15.51pm 19/06/2025 (20 minute delay) ?
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