MGX mount gibson iron limited

Cash backing, page-10

  1. 335 Posts.
    lightbulb Created with Sketch. 63

    I wonder about the reactions. Iwas no secret that there would be price adjustments. MGX announced in the March quarterly report that:

    "Based on prevailing spot iron ore prices, Mount Gibson anticipates negative provisional pricing adjustments relating to its March quarter shipments in the region of $25 million, although the final adjustments will depend on the actual prices in coming months."

    In fact, it has now become $29 million. The quarter itself was successful, given $28 millionoperating cashflows before adverse provisional pricing adjustments were achieved.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
38.5¢
Change
0.005(1.32%)
Mkt cap ! $454.4M
Open High Low Value Volume
38.5¢ 39.0¢ 38.0¢ $708.8K 1.836M

Buyers (Bids)

No. Vol. Price($)
4 288775 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 587578 9
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.