MGX 1.37% 36.0¢ mount gibson iron limited

the next fmg $$$ get on asap, page-15

  1. 1,877 Posts.
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    Just be a bit carefull with your port comments, one of the reasons I stayed out was because the harbour at geraldton (on the mid west coast of WA I think) cant take large bulk carriers and I think only 1.2 million tons was exported by MGX last year, now I am no expert but it would need to do 10 times that to justify a $2 market cap and they havn't got the resouces to keep that up or is their something I don't know,

    I don't mind being educated on this one, I looked at it at under 20c when no one wanted it and now I wonder why its suddenly the new FMG which is all P&W imho.

    Give us some figures not comparisons.
 
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