MGX 3.39% 30.5¢ mount gibson iron limited

Ann: Settlement of $64.3m Business Interruption Insurance claim, page-48

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  1. 15,774 Posts.
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    Croasian
    I am not sure I agree. When BHP ditched it IO price was a lot lower . We had not entered the super cycle of resources and the Chinese economy was a pimple starting to grow . Also , if one looks at the IO grade at KI vs costs , and compares this with 58-62% fines of the majors and minuses costs one realises margins are not dissimilar
 
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