$558m only!
in 2020, their cash balance was circa 430m. They spent all that money in overburden stripping. Now they only get slightly more on what they put in.
they put a chart in one of the presentations showing the cash balance at 50 odd million and then building back to 450m. They can fool new investors, but not long term investors.
What value has been generated for shareholders in the last 5 years?
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Last
38.3¢ |
Change
-0.003(0.65%) |
Mkt cap ! $448.5M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 38.0¢ | $46.01K | 120.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 408706 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 41882 | 10 |
View Market Depth
| Last trade - 13.13pm 11/08/2025 (20 minute delay) ? |
| MGX (ASX) Chart |