Legume,
Hi,
Whats your thoughts on the 5-7 million tonne prospect @ 60% for Iron hill.
I thought it would be a bit more - that works out at around 3-4 million tonnes which would add about a year to its extension hill operations.
Am I reading that right - if MGX can replicate that again at EH south then they might get another 2 years.
I am trying to work out if should buy in again at 1.10 mark (I sold out in the 90's) but would need to see a substantial upgrade in reserves to be confident of buying over 1.10.
MGX has done a great job in the last 18 mths - it just a question of value now that the EV is starting to climb above 600 million.
Thanks in advance
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $347.9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 347636 | 5 |
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