MGX 0.00% 41.5¢ mount gibson iron limited

March quarter predictions, page-116

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    Interesting to note and thanks Miningnut for the numbers. At one stage, MGX had around $470m in the bank - all spent on waste removal, capexs etc, by end of June 24 will have around $$500m a turnaround of $1billion. By end of production will be over $1b in the bank obviously management need a job expecting an acquisition or organically grow existing mines.
 
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