Mgx was extremely profitable when they had one mine in the Mid-West of WA. Koolan has been a disaster since day one, with continued problems stripping and previously flooding, building seawalls ETC. BHP got out of there years ago after they closed their Newcastle Plant and also Kwinana.
Have followed the saga for about 17 years and originally bought in at 55 cents and sold out at $ 1,70 that was 2007. Have been tempted to re enter
several times but always felt uncertain about their future .So continued to support FMG which has paid off handsomely over the years and continues to do so to this day.
Bottom is in its TIME TO PUMP!!!! 97¢ by August, page-78
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $370.6M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 30.0¢ | $195.6K | 646.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22685 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 199114 | 6 |
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| MGX (ASX) Chart |