considering a stake as i like the div, cash backing and no debt. i am however looking for a 2+year hold, and so am wondering about where the iron ore to achieve 6mtpa of high grade for 2014 onwards will come from. i know Koolan island is good for 3, but if tallering mine high grade ends next year (leaving only the low grade) then where will the extra 3mtpa high grade come from? i couldn't see any real explanation on this in the recent UBS presso. any help greatly appreciated. cheers
price action, page-12
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $376.7M | |||
| Open | High | Low | Value | Volume |
| 31.3¢ | 32.0¢ | 31.0¢ | $89.96K | 286.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 573514 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 255602 | 14 |
View Market Depth
| Last trade - 12.03pm 12/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |