MGX is to be commended for providing the barge to State Emergency workers to help them get supplies to flood stricken people on the mainland . . . (If MGX did not help the State Emergency workers then that would have been something wrong).
The processing plant will be operational in 2 weeks. Peter Kerr previously announced the processing plant would be operational this month . . . so a pretty close call.
Nice to see 4 million tonnes targetted. We should be able to see an increase in ships once the processing plant is operational in just 2 weeks time . . . which means we may well see 1 million tonnes for the June quarter which is about to start.
MGX Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held
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