MGX 1.67% 29.5¢ mount gibson iron limited

How Much Cash Will MGX Burn?, page-4

  1. 1,041 Posts.
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    Imo, even if IO operations continue, the interest income will somewhat offset production and maintenance. I don't think there will be any large cash burning issues.

    I believe the major issue is what to do with the money. This will be the announcement which will move the SP.

    I personally can't see how negative an impact any decision can be, as the current cap is trading at a 30-40% discount to current assets.

    Time will tell. GLTAH
 
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