MGX mount gibson iron limited

Does any one except a positive shine update, with the current...

  1. 256 Posts.
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    Does any one except a positive shine update, with the current cost of iron ore, this project would be cash flow positive now!

    current costs for shine was anticipated to be between $65 to $70 /wmt

    so if iron ore ( although this mine is a lower grade ore) continues to remain strong, how long before we leave care and maintenance and start digging again

    thoughts?
 
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