MGX 1.54% 32.0¢ mount gibson iron limited

Koolan - Cockatoo, page-3

  1. NT.
    563 Posts.
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    Hi there "Berger",

    "Mick' posted this thread earlier...,

    I too think that Cockatoo would be a good fit for MGX and we have do have the dollars.

    Once fully operational and shipments restart from Koolan perhaps they will put their hat in the ring for Cockatoo Island.

    High quality iron there but purchasing through administrators and ongoing legalities , environment concerns and sea wall rebuild, might make it tough.
    Some interesting info from previous owners "Pluton Resources" may be worth reading. ( Mr Google )

    Apparently there is also potential at nearby Irvine island, ( just 5 km away, but lower quality ore).

    With high quality iron ore in demand.., we need a future source and we now have the wall building expertise..., (which would be required at Cockatoo).

    Cheers all.
    ..........................
    NT.
 
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