MGX 3.28% 31.5¢ mount gibson iron limited

Hi guys, does anyone have feel on what the Co is worth if IO...

  1. 1,388 Posts.
    Hi guys, does anyone have feel on what the Co is worth if IO dropped to the low end of the forecast range and MGX chose to shutter mines?

    I am just looking at this from a pure value perspective and based on the fact that they hold +30c in cash backing, I would assume they could distribute +25c in any wind down scenario?? (excludes a positive outcome from the insurers)
 
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