MGX 0.00% 30.0¢ mount gibson iron limited

What exactly do you mean by next FMG? FMG mine low grade iron...

  1. 1,847 Posts.
    lightbulb Created with Sketch. 157
    What exactly do you mean by next FMG?

    FMG mine low grade iron ore.

    MGX mine very high grade iron ore.

    I really have no idea what MGX do once Koolan Island is depleted. But they should be flush with cash to acquire other high grade iron ore assets? Or spend on exploring for other high grade iron ore assets themselves.
 
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¢ 29.5¢ $111.1K 369.9K

Buyers (Bids)

No. Vol. Price($)
5 94572 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 193626 14
View Market Depth
Last trade - 14.20pm 22/11/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.