MGX 3.39% 30.5¢ mount gibson iron limited

under valued, page-55

  1. 793 Posts.
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    Hi Autosime I actually hold a lot more GRR than MGX as I thought GRR produces pellets and the premium they receive was going to increase, but hasn't happened as everyone was saying China wants to create less pollution. Your about right they are just in profit or breakeven.
    Any ideas what MGX is thinking of getting into ?
    I think GRR were going to diversify also at one stage, maybe they will develop the Southdown project one day.
 
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