MGX mount gibson iron limited

Ann: Koolan Island Logistics Base Agreement, page-2

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    Interesting.

    It sounded like they were going to scrap the mining of the island until "Mount Gibson notes that development of the KILB would not restrict the potential to repair the Main Pit seawall and resume iron ore production at Koolan Island should a technically and economically robust solution be identified. Furthermore, the Company considers that the KILB development could provide operating cost benefits to future mining operations on the island. "
 
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