If you only count the 7.2 mt ore reserve then that only equates to circa 7 quarters.
Peter along with the competent JORC person have had a hard look at what is "unlikely" to be mined and what is "likely" to be mined.
That being 19.1 Mt is likely to be mined.
Ann: Resources and Ore Reserves Statement as at 30 June 2024, page-10
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $142.0K | 473.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 144709 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 27772 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |