MGX 0.00% 33.5¢ mount gibson iron limited

Cash backing is closer to 48c and if we assume another 5m for...

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  1. 20,476 Posts.
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    Cash backing is closer to 48c and if we assume another 5m for the last few insurers then that 48.5c
    Now let's remember at this IO prices they will not only be making a bit on IH but will be making a very good margin on KI

    If IO increases a bit more ( 67-70) , 50c is very possible within weeks but 40-43c is almost certain
 
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