MGX 0.00% 43.0¢ mount gibson iron limited

Positive news, but I wonder why it's only 1.5mtn pa for 2-4...

  1. 615 Posts.
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    Positive news, but I wonder why it's only 1.5mtn pa for 2-4 years, when they've pushed out 3-4mtn pa at Extension Hill. With the iron ore price likely to move against them over time, why not run much harder to get more out in the near term while pricing is favourable?
 
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