seems like every time there is instability mgx gets hammered.
why doesn't this happen to ago or mmx?
did it ever occur to people that if rio goes under that is actually great news for mgx. if rio goes, that will reduce supply of io and increase the price. it will also increase the value of mgx's precious iron ore reserves.
mgx has secured its future from the deal with shougang apac. why doesn't the market acknowledge that?
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