MGX 1.61% 30.5¢ mount gibson iron limited

help me undertand, page-26

  1. 20,542 Posts.
    lightbulb Created with Sketch. 2050

    Yes - 75c i can't see. 50c I can
    Say 41.5c cash
    5-6 c for BI payout
    Ki is breakeven including capex at uSD 46 so at current spot one can conservatively add 3-5 c
    So somewhere between 49-52c
    Now it's only only about upside , but the opportunity for 50-70% with very very limited downside is a great risk return equation . The best on the market Imo and without doubt the best in the resource sector
 
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