Let's be clear buying this business below cash is most probably going to be a winner. Don't look a gift horse in the mouth.
I think like all commodities IO will be priced at around the marginal cost of production over the long term - that includes depletion and inflation. However given long life sunk cost assets the long term may be 10-15 years.
If you are far enough down the cost curve then KI will keep chugging, however the breakeven should include a risk weighting for the Seawall collapsing again - something I can't quantify but the company should.
GLTA
Ann: Settlement of $64.3m Business Interruption Insurance claim, page-64
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $41.95K | 137.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 265240 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 368091 | 17 |
View Market Depth
| Last trade - 10.59am 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
