Discrepancy in stripping costs could be because one was estimated over a year, and the other is over a quarter when material with a higher waste to ore ratio was being worked on. I think (assume) overall their yearly cost will come in a bit higher than initial guidance, based on figures reported to date. But with Shine start up imminent and a few years of high quality Koolan ore ahead of us, plus upside from satellite pits, coupled with a still high iron ore price, I'm a happy camper. I expect share price has quite a bit of upside potential.
MGX and GRR. Performance comparison Q4 2021, page-8
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43.0¢ |
Change
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Mkt cap ! $523.8M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 43.0¢ | $89.22K | 207.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1278 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 58576 | 4 |
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