I actually think MGX with $345m cash should look at MCR and PAN... buy both out at the same time. MGX's iron ore may be struggling for a little while longer. Their iron ore is not competitive against BHP, RIO, FMG. Good opportunity for MGX to diversify and take advantage of MCR and PAN once their money run dry.
I actually think MGX with $345m cash should look at MCR and...
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