MGX 1.67% 29.5¢ mount gibson iron limited

General comments and chat., page-13

  1. 700 Posts.
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    I doubt it but there is so much potential around the islands even on Koolan itself. Cockatoo would have 65% fe so we wait and see.

    This morning 1.5m purchase likely to be a fund manager. Koolan has the capacity to produce at least 6.0mt likely in the third year. That's already 1.5 billion in sales revenue in the third year sounds bizarre but true. Then again who knows where IO will be in 2 and half years from now could go lower especially if recession does hit the economy.
 
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