MGX sells on the basis of tonnage stated per wmt. Pricing of seaborne ore is on the basis of per dmt.
MGX KI ore reserves are 21mlt. Has anyone checked whether the reserves are based on wmt or dmt, and what is the moisture content of KI ore?
FGX uprumpers speculating on the future profits and dividends ignore these important parameter.
FMG's April-June production table08:52
iron ore futures on both DCE and SGX are strongly in backwardation. 6 months futures are 15% down, 12 months 25% down.
Is 90c share price sustainable?
Short term Bottom hit?, page-26
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Last
28.8¢ |
Change
0.003(0.88%) |
Mkt cap ! $353.3M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.3¢ | 28.5¢ | $557.6K | 1.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 399400 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 205271 | 9 |
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| Last trade - 15.17pm 05/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |