MGX 1.14% 44.5¢ mount gibson iron limited

value creation at Koolan

  1. 312 Posts.
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    just thought I would bring something up from a few years ago, back in 2015 Mount Gibson entered into a logistics agreement with qube.

    attached is the announcement.

    having had a vast amount of experience flying around the kimberleys and knowledge of the oil and gas industry in Broome. I know that Koolan Island would present a huge opportunity to the helicopters flying offshore.

    would be interesting if this is on the horizon for the company given flights direct to the island start in a few weeks.

    anyway a bit of food for thought about another revenue stream for mount Gibson. personally I would like them to use some of there cash stockpile to pursue growth opportunities and unlock some shareholder capital growth.
    https://hotcopper.com.au/data/attachments/2456/2456669-7b7367f9ab52662d55dbf7df97de40f7.jpg
 
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