Nothing is impossible. Which miner able to be profitable @$10-15? Rio tinto? If demand drop down to the point where rio able to satisfied all demand, lowest cost miner will be the last man standing, and mgx better not doing anything at all.
KI has very low cost too compare to average miner, the ship can just berth at the island very close to the site.
Margin of safety?, page-2
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 30.0¢ | $53.66K | 178.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 151426 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 237626 | 35 |
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| Last trade - 13.59pm 22/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
