MGX 0.00% 43.0¢ mount gibson iron limited

io @ 120/t & aud @ 92.x, page-30

  1. 5,527 Posts.
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    I'm not liking it... but 38 cents is getting closer!

    And the Aussie dollar strengthened overnight while the IO price dropped.

    Come on, short that dollar!!!

    (Sorry MjrMambo, I did read that too but I can't locate it either. I would suggest the annual reports might be a place to look.)

    I guess as one analyst said the other day, it gives great buying opportunities for the longer term, and unlike some of our competitors, we are still very much safe. It certainly helps holding cash at these times.
 
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