Iron Ore Price - 65% Fe still on the up....., page-7

The year ahead is the 'thin' year in terms of reward for effort in the MGX Koolan mine plan. The three years after this look really strong. So this is a case of timing when to jump in or top up, as the case may be. I am in the latter category.

In terms of investment in other companies, maybe in the current environment, MGX should consider getting together a 'hunt and kill' team to exploit stranded high grade deposits that could turn a quick buck. Look at FEX for example. I'm not necessarily saying buy out FEX, but surely there are lots of small, high grade deposits around the place that might be mine ready (i.e. permitted, ideally native title sorted etc) but held by cash-poor owners. That could help the share price a bit.