MGX 0.00% 30.0¢ mount gibson iron limited

MGX Discount to cash, page-97

  1. 686 Posts.
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    Tokyo, maybe you're thinking about the croc at (then) Minerals Corporation's Skardon River operation. Pierpoint had been so scathing of MCS and the CEO that apparently the local croc was named Pierpoint! Unfortunately as an ex-MSC shareholder, Pierpoint was spot on...
    I've held MGX for a few years now (bought before seawall collapse). MGX comes across as one of those comapnies that only ever has reserves for a few years ahead. With some luck, KI will go for more than 3 or 4 years once it restarts.
 
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