a little concerning that costs were so high and no real commentary that I can see as to why. hmmm?
and I think the business development note is sort of saying that they are staring at a great deal of things. sadly, I think maybe they'll line up with GRR maybe at savage river, maybe at Southdown. all of the commentary and all of the behaviours tell me that there is a great deal of corporate alignment going on. a more entwined relatonship would surely please the masters on the mothership.
I suspect they'll pass another 75m impairment adjustment probably on what will inevitably be higher AISC. The note to the accounts will be interesting.
the commentary that mgx is sitting on 37c per share tells me that's the new price target. sigh!
MGX Price at posting:
38.8¢ Sentiment: Buy Disclosure: Held
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