MGX 0.00% 33.0¢ mount gibson iron limited

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  1. 32,858 Posts.
    lightbulb Created with Sketch. 1515
    MGX dropped $166,000,000.00 from that cash pile of $520 million

    Now $354 million

    not particularly encouraging for shareholders, I would ask where's it gone

    These guys are doing 10,000 tonnes a day, what's that...a couple bucket loads with the dozer, I'd say workforce can be cut down to approx 10.

    SH need to be contacting management asap
 
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