MGX 1.49% 33.0¢ mount gibson iron limited

I think 36 cents is a reasonable price for it to land. For me,...

  1. 197 Posts.
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    I think 36 cents is a reasonable price for it to land. For me, its not worth selling. I was waiting on the insurance payouts and I know the first jump to 25 cents caught a few people off and I suspect the next insurance payout will be a surprise as well. Would hate to miss it trying to day/week trade.

    Also the KI announcement will be a surprise either way. I'm expecting at least $100 million to get it up and running, but a NPV of around $200+ million (obviously depending on IO forecasts)
 
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