MGX 3.39% 30.5¢ mount gibson iron limited

Something has just come to mind... the practice of putting iron...

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  1. 42 Posts.
    Something has just come to mind... the practice of putting iron ore assets on the books before they actually mine it . so the current KI assets are about to go back on the MGX bookswhen the main pit is drained. Around a billion dollars of IO (depending on valuation). So take away the post wall rebuild costs of the current cash that leaves cash of 420million plus the value of KI .That looks to me 1.4 billion!!DYOR giving a share value 1.3 aud .
 
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Last
30.5¢
Change
0.010(3.39%)
Mkt cap ! $365.5M
Open High Low Value Volume
29.5¢ 30.5¢ 29.5¢ $42.02K 139.7K

Buyers (Bids)

No. Vol. Price($)
2 104867 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 355340 6
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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