Have to consider incremental cost with regards to the cost to mine fines. Also, MGX aren't mining 62% fines so are copping penalties and not seeing $65/t
It is a short term concern (the low realised price) but at the same time, this price differential between low grade and high grade iron ore is exactly why KI is such an exciting prospect. Ore at KI is premium stuff and will command a healthy price.
Ann: Quarterly Activities Report, page-19
-
- There are more pages in this discussion • 17 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
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.5¢ | $237.0K | 789.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 195619 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 195225 | 4 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
