MGX mount gibson iron limited

Not the easiest graph to read but VERY GOOD news for MGX....So...

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    Not the easiest graph to read but VERY GOOD news for MGX....

    So the Goldman Sachs graph averages grade across all listed producers and shows potential profit at $100 per tonne.

    MGX is the fourth lowest cost producer (clearly due to their higher, 65%+ fe grades)..... even better than the big three in AUS - FMG, BHP & RIO.

    Enjoy.

    https://hotcopper.com.au/data/attachments/2202/2202925-ec7098e8ac87f99bf0acbcf87336b2b9.jpg

 
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