MGX 0.00% 30.5¢ mount gibson iron limited

News: MGX UPDATE 1-Buyers ready to pounce on Rio Tinto coking coal mines -sources, page-5

  1. 15,774 Posts.
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    Tokyo or anyone else
    Do we know any of the financial metrics of the coal assets MGX is rumoured to be looking at
    Interesting article in the fin review how coal assets have moved into private equity hands due to financial institutions turning their backs on this area for SRI/environmental reasons.

    I see both a risk and opportunity, the risk being funding becomes more difficult when you hold these assets, the opportunity is as debt funding is somewhat limited the buyers become fewer
 
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