All depends on IO price lead time between design, construction and commissioning is 1 year at earliest.
My estimate. Anything can happen. Tbe construction is not a simple engineering feat a hole in the ground is easier to construct than a dam built against tidal action.
This would a riskier investment then buying AGO realising the synergies by delisting it.
AGO MC is $150M. It has product to sell atm. Cull the management and eliminate listing fees.
Spread out the oveeheads over production of MGX and AGO.
Ann: Settlement of $64.3m Business Interruption Insurance claim, page-67
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $350.5K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 127764 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 302574 | 6 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
