Thanks mac yeah can't see a result anytime soon but at 34-35 I was happy to have another crack at MGX was a great ride 30s to near 60
I really think you will see 50 cents here again pretty quickly if Io Can hang tough plus minus 10-15 a tonne I think people are realising MGX cash position puts them in a box seat to pick up distressed assets in the commodity down turn
There are some very good tenements in the mid west but the problem is the port is too small if oakajee had gone ahead the whole mid west would have opened up
The penny will drop how cheap mgx is based on current cash levels to be increased in the next report
Never understood insurance had a lot of good n bad dealings with insurance coys over the years
I think it would be a nightmare all those coys agreeing on a figure alright
MGX Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
