MGX 1.67% 29.5¢ mount gibson iron limited

Ann: Settlement of $64.3m Business Interruption Insurance claim, page-68

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  1. 15,774 Posts.
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    Makes no sense - if your concern is the capital spend won't be recovered you have to assume a 62 fines price averaging less than 46 uSD over the medium term . The price MGX recovers capital outlay it makes no miner If you do then you can assume AGO 58% product will attract around 30 which would mean AGO is losing money and worthless . Moreover to take over AGO one would need a lob an it at day 2.2 at least so that it is spending double the money for something that may be worthless or KI doesn't make a cent
 
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Last
29.5¢
Change
-0.005(1.67%)
Mkt cap ! $365.5M
Open High Low Value Volume
29.5¢ 30.0¢ 29.0¢ $350.5K 1.189M

Buyers (Bids)

No. Vol. Price($)
13 127764 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 302574 6
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