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.
MGX Price at posting:
74.5¢ Sentiment: Buy Disclosure: Held
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