MGT 2.78% 18.5¢ magnetite mines limited.

What is actually happening here?, page-66

  1. 57 Posts.
    lightbulb Created with Sketch. 18
    Nice rebound in the futures. Not that it matters when we are in production 2024 but good for IO sentiment

    MGT $54 a ton break even without including nextore technology to possibly reduce that price even more and not including the premium above the benchmark. Afew other iron ore minors are being put into care and maintenance with costs of $120 per ton required to survive. Good buffer we have
    https://hotcopper.com.au/data/attachments/3609/3609956-0c90224d1e5f2d30cf0dbac12b337f3f.jpg
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.