From MiningNews:
"In late April, Mount Gibson approved the $97 million restart of Koolan Island.
A feasibility study into a restart confirmed the project’s viability, generating a pre-tax net present value of $106 million, at an 8% discount rate, and internal rate of return of 34%, using an iron ore price of US$55/t and exchange rate of 75c.
Using an iron ore price of $65/t sees the NPV rise to A$233 million with an IRR of 58%.
All-in cash costs are expected to be A$53 per tonne and the high-grade product is expected to attract a healthy premium to the spot price.
First ore sales are expected in early 2019."
Ann: Settlement of $64.3m Business Interruption Insurance claim, page-31
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $751.6K | 1.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 371734 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |