No, you are wrong, the CapEx is $100m. The extra $75m is working capital until first shipment proceeds are received. You can work it out on $49USpt if you want to but I can't understand why you would. Yes, the price might go down, the price might go up also, it might be even better to keep it in the ground for another 100 years.
With due respect, you did ask a question and it was courtesly answered, a little appreciation would have been appropriate.
Best wishes for MGX.
Price slide and director steadily buying, page-17
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.5¢ | $170.6K | 567.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15031 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 211701 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
