MGX 0.00% 43.0¢ mount gibson iron limited

Guys have you also contemplated the fact that mgx would be...

  1. m15
    20 Posts.
    Guys have you also contemplated the fact that mgx would be taking out further production costs out of its business(labour,leasing,freight etc) therefore reduce its total goods sold price down from $76 ! I would be extremely amazed that this would not be happening right now. The real issue is how fast and deep they are cutting input costs to counteract an IO price decline of 34 % ytd...time will tell..
 
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