What exactly do you mean by next FMG?
FMG mine low grade iron ore.
MGX mine very high grade iron ore.
I really have no idea what MGX do once Koolan Island is depleted. But they should be flush with cash to acquire other high grade iron ore assets? Or spend on exploring for other high grade iron ore assets themselves.
Solid Accumulation, page-13
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30.0¢ |
Change
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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¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 195225 | 4 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
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