MGX 2.34% 31.3¢ mount gibson iron limited

It is a bizarre logic to say that unit costs are coming down...

  1. 484 Posts.
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    It is a bizarre logic to say that unit costs are coming down when they are rising - even management doesn't hide that fact.

    The point is that they need to do something to replace volumes or unit costs will keep rising to a point where they start to eat into cash balances due to the management overheads. They are safe for another quarter or so but need to have a plan beyond that.
 
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