MGX 1.15% 44.0¢ mount gibson iron limited

From a close reading of today's announcement, it appears they're...

  1. 10,304 Posts.
    lightbulb Created with Sketch. 1982
    From a close reading of today's announcement, it appears they're not treating Donghae Star as a March quarter shipment (or any part thereof) so it'll fall into the June quarter when fully loaded however they did receive initial payment for this shipment. So, the upshot of all this is that even though the cash at bank/Invest balance increased by $72mil - all of this was attributable to positive working capital movements and the net operating cashflow surplus (after CapEx) was zero. Sales revenue is A$92.4mil from 716Kwmt 'fines' sold/shipped and unit costs were $102/wmt.
    https://hotcopper.com.au/data/attachments/6082/6082093-091462f05e26a2c73df6482150568dd5.jpg


 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
0.005(1.15%)
Mkt cap ! $534.5M
Open High Low Value Volume
43.5¢ 44.5¢ 43.5¢ $178.2K 404.9K

Buyers (Bids)

No. Vol. Price($)
9 240727 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 436449 4
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
44.0¢
  Change
0.005 ( 0.57 %)
Open High Low Volume
44.0¢ 44.5¢ 43.5¢ 123351
Last updated 15.58pm 03/05/2024 ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.