I don't think anyone had doubts about the value of the KI IO, Macs, just the cost of getting it back up and keeping it up. Without KI, MGX would be just another low grade producer. Its been evident for some time now that low grade ore has got increasingly large discounts applied to it and those discounts are a seismic shift in IO pricing, ie, they're here to stay. Only the likes of FMG can really make it work due to their size.
I don't think anyone had doubts about the value of the KI IO,...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $159.8K | 542.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 96884 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 289541 | 15 |
View Market Depth
| Last trade - 12.19pm 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
