I reckon they will use 10 years average for 1 scenario which is roughly $100. Given we have long mine life, it makes sense to use conservative number to cater for the IO price winter season. Management has given the hint that they will come up with a plan to be able to continue operating even during the trough stage of price life cycle. I am pretty confident they wouldn’t go for anything above $150.
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.60M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $5.73K | 32.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110719 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 175578 | 3 |
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| MGT (ASX) Chart |