MGX
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10.8% 36.0¢ mount gibson iron limited

KI has logistical advantages - direct shipping off the island,...

  1. CashedUpBogun
    8,284 Posts.
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    20/04/17
    13:05
    Post #: 24166920
    KI has logistical advantages - direct shipping off the island, no rail costs.

    Risk is the seawall (still), and mining the main pit (water).

    Could be a good punt on an IO play - I took a risk on FMG which paid off.
    MGX Price at posting: 36.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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