MGX 1.67% 29.5¢ mount gibson iron limited

Next Mining Boom Coming, page-15

  1. 877 Posts.
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    What are you talking about - the reserve grade at KI is very high - 66% - there is no intention to blend anything.

    So the likelihood of exporting +65% is very high. Nice try at down ramping again but its not going to work.

    Would you care to point out where the company has stated it intends to blend its high grade ore with low grade ore. There isn't any low grade ore left on KI.

    Why are you saying this. To keep retail investors away so that the major shareholder can delist MGX without attracting any attention.

    I've included the slide from the KI presentation dated the 27/04 to back up my statements.  Lets see you do the same.  The company explicitly states the the mine is high grade 66% Fe - can't  you read.

    KIData.JPG
    Last edited by Samscout: 11/09/17
 
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