BM, if you are only considering jumping into MGX now, i don't believe you should worry yourself about MGX's Mid West operations. They are of no real long-term value or significance to MGX.
MGX is all about KI and the near term potential mining of 65% Fe, as well as their current cash pile......
Simply, most of the IO miners 'hide' their real cost of production, particularly of recent times when the discounting for anything under 62% Fe has substantially increased.
Any investment decision on MGX at the moment is all about KI - period.
Good luck with your decision.
BM, if you are only considering jumping into MGX now, i don't...
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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¢ | $237.0K | 789.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 195619 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 195225 | 4 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
