MGX 3.39% 30.5¢ mount gibson iron limited

Mongrel Tell us about what that risk you see, because as far as...

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    Mongrel
    Tell us about what that risk you see, because as far as I can see this guys have done a stellar job reducing costs , getting through the KI wall failure and being very open and frank about operations . Moreover the haven't gone and blown cash and have been very careful. There are no debts and a project in KI that will make a handsome return at current IO spot
    Give me any business and I will outline some risk. The only thing the market may waiting for is use of cash , that they acquire a well priced asset and if they do I think it will move from cash discount to cash premium
 
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