MGX 0.00% 30.0¢ mount gibson iron limited

I am guessing quite positive news from the half yearly unless...

  1. 101 Posts.
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    I am guessing quite positive news from the half yearly unless something has gone wrong. Currently it has been a shocking wet season which bodes extremely well for Mount Gibson and delivering first ore sales by end of March.
    Also CBA calling $100 a ton around March as Chinese mills are drawing down stockpiles to stave off purchasing at these prices with the hope it all goes away. 

     https://www.*.com.au/iron-ore-price-spike-cba-outlook-2019-2

    Could be some very handsome money to be made even though 65% premiums don't command the same premiums.
 
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