MGX 0.00% 34.0¢ mount gibson iron limited

Feels like things are starting to stabilise a little here.whilst...

  1. 983 Posts.
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    Feels like things are starting to stabilise a little here.

    whilst the IO price has been average the declining exchange rate will provide some cushioning. Still expect cash to fall in the next quarterly.

    i also feel that if the market had a better idea about the potential value of the insurance claims it may help also.

    could well see a serious capital return if the Seawall insurance claim comes through.

    feel this is certainly not factored in to the price at all
 
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