MGX 1.64% 30.0¢ mount gibson iron limited

I am guessing quite positive news from the half yearly unless...

  1. 101 Posts.
    lightbulb Created with Sketch. 1
    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.
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
-0.005(1.64%)
Mkt cap ! $365.5M
Open High Low Value Volume
30.8¢ 30.8¢ 30.0¢ $109.5K 360.9K

Buyers (Bids)

No. Vol. Price($)
9 147338 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 21541 3
View Market Depth
Last trade - 16.10pm 21/11/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.