MGX 0.00% 30.0¢ mount gibson iron limited

Well they managed to turn out a cash flow of 17 m for the...

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    Well they managed to turn out a cash flow of 17 m for the quarter from IH and interest. Annualized that is 68m free cash flow . Being more pragmatic it’s abour 60 m if you assume last quarter was robust due to high IO prices and may not be as high for remainder of the year. For a market cap of 434 and an EV if minus 36 m I think that is one great return
 
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