Ann: MGX agrees A$86 million property damage insurance settlement-MGX.AX, page-40

Joca
461 m is 42.3 c per share. KI is on C and M. To shut it down completely will cost about 30m, however they are seeking to lease to the LNG service companies so I doubt they will shut it down completely and income from leasing it will offset C and M costs so within 6-12 months it wont cost them anything to keep open and in limbo
12 months ago the likes of Citi were estimating they IO would be mid 30s , MGX would have eaten into cash and Insurance payout would be minimal. they also counted rail liability of 50m
Today cash is higher , insurance payout will see their estimate about 140m off the mark, IO is 51 and thus MGX still making money and rail liability will be around 14 m end of June

so yes MGX could shut down all IP operations and still have about 38c in cash, but why wold they when they are managing to still make some money per quarter and rail liability continues to be reduced towards zero