mgx has around 15 mil in the bank and nil debt they have 1.5 million tonnes p a production under long term contract the port facilities are nealy done .longer term they expect to increase production to around 3 million tonnes per annum.full year 04 they are expecting profits of 9 cents per share i would expect that the share price will be close to .35 cents by christmas if shipping of ore goes to scedule in july.wrongway
mgx & bmx - thoughts on these, page-3
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Mkt cap ! $350.2M | |||
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