I am guessing quite positive news from the half yearly unless something has gone wrong. Currently it has been a shocking wet season which bodes extremely well for Mount Gibson and delivering first ore sales by end of March.
Also CBA calling $100 a ton around March as Chinese mills are drawing down stockpiles to stave off purchasing at these prices with the hope it all goes away.
https://www.*.com.au/iron-ore-price-spike-cba-outlook-2019-2
Could be some very handsome money to be made even though 65% premiums don't command the same premiums.
Last Chance under 70c, page-44
-
- There are more pages in this discussion • 27 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
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $25.95K | 85.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 175188 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 104545 | 35 |
View Market Depth
| Last trade - 12.38pm 22/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
