MGX 3.39% 30.5¢ mount gibson iron limited

Want can we say about analysts assumptions Gold going sub 900...

  1. 15,774 Posts.
    lightbulb Created with Sketch. 268

    Want can we say about analysts assumptions
    Gold going sub 900 U.S. - wrong
    Oil 200 wrong
    Oil 20 wrong
    Zinc 2 dollar per pound wrong
    Uranium 70 - wrong
    IO 30-40 .... Probably wrong again

    As you say 45-50 would be great medium term . A year of that will equal maybe 20-30m cash plus reduction of Brookfield rail liabiury by 20-25 m
    Mount Gibson is unlikely to produce beyond 2017 if IO stays low so chances of it incurring losses and depleting cash a very low.
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
30.5¢
Change
0.010(3.39%)
Mkt cap ! $365.5M
Open High Low Value Volume
29.5¢ 30.5¢ 29.5¢ $42.02K 139.7K

Buyers (Bids)

No. Vol. Price($)
2 104867 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 355340 6
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.