MGX 2.30% 44.5¢ mount gibson iron limited

fms vs mgx, page-17

  1. 13,176 Posts.
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    Clee61

    With respect to FMS, you wrote:

    "2. SP are now 0.0047 cent "

    I think you mean 4.7 cents but then again, .0047 cent would be closer to the value of FMS.

    Btw, the io juniors which are likely to survive the current climate will be a very small handful which have a decent economic resource, preferably DSO and a good management team to lead from the front.

    Sadly, FMS will fall well short of the mark in both areas.


    lol...did Dr Kev tell you that they have 700Mt @ 60% Fe.
 
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