MGX 0.00% 28.0¢ mount gibson iron limited

Thanks Jemma08,I'm expecting 20% thereabouts on the bottom line...

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    Thanks Jemma08,

    I'm expecting 20% thereabouts on the bottom line on average based on "back of the envelope" numbers. It's difficult for us to model, and I did find it interesting that the company stated that their modelling shows a negligible impact. What is negligible? I have no idea.

    In the first couple of years at least, Extension Hill and Tallering Peak should be able to offset capex against profits.
 
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