MGX 0.00% 30.0¢ mount gibson iron limited

Last chance under 90c, page-60

  1. 52 Posts.
    lightbulb Created with Sketch. 5
    If we are looking at sales of $137 a tonne and cash cost around $48 per tonne would mean $89 per tonne net.

    Expecting sales from Koolan 4mt per year based on MGX forecast and at $89 net would represent $356 million in profit before tax.

    If we are looking at $137 per tonne in sales price then this stock is truly a $3.00 stock and plus.

    I stand to be corrected on these numbers but the figures are quite significant in this instance.

    Any takers on my numbers - is this correct reading on current aud sales price?
 
watchlist Created with Sketch. 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¢ $25.55K 84.4K

Buyers (Bids)

No. Vol. Price($)
12 251905 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 91057 8
View Market Depth
Last trade - 11.16am 22/11/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.