MGX 0.00% 30.0¢ mount gibson iron limited

Ann: Quarterly Activities Report, page-30

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  1. 1,545 Posts.
    lightbulb Created with Sketch. 60
    Here's something else for you to review.

    Euroz put out a "Quick Comment" research note on MGX a few days ago, which i will summarise with three points below -

    * Price Target = $0.68c
    * HG Fe premium continues to increase, currently at -38% above 62% Fe price which bodes well for KI restart.
    * Market is currently attributing negligible value to KI which will (ultimately) generate on average >$100m/yr in cash.

    Interestingly, the note did not mention anything about a dividend....

    GLTAH.
 
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Mkt cap ! $365.5M
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30.0¢ 30.5¢ 29.5¢ $237.0K 789.0K

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No. Vol. Price($)
7 195619 29.5¢
 

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Price($) Vol. No.
30.5¢ 195225 4
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