re: china softening on iron ore price what is interesting is the following comment:
"In their place, Sinom nominated former Bao Steel executive Zhang Chi, former Allstate Exploration and Gympie Gold executive John Leach and Mt Gibson Iron finance director Alan Rule. Mt Gibson is RMC's biggest shareholder with 13.2 per cent"
seeking to replace the curent board with a team including Alan Rule and ex bao steel exec.
were MGX aware of this before this was proposed?
if rmi is in play .. mgx wont want to give it up for anything less than a development jv.
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