MGX mount gibson iron limited

if it is of magnitude then CR is possible including taking on...

  1. 2,275 Posts.
    lightbulb Created with Sketch. 445

    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.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
26.5¢
Change
0.000(0.00%)
Mkt cap ! $312.5M
Open High Low Value Volume
27.0¢ 27.0¢ 25.8¢ $777.8K 2.952M

Buyers (Bids)

No. Vol. Price($)
2 259284 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 209741 8
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.