" 5 Mwmt /quarter" that is all waste rock which is overburden which needs to be dug before hitting the high grade.
They will hit high grade eventually.
Those shareholders who have held on and those who have averaged down will do OK in the long term.
Whilst many don't like being reminded of the problems, its best to confront the situation.
Eventually MGX will turnaround it just needs considerable patience.
General Discussion and Valuations, page-112
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Last
31.0¢ |
Change
-0.010(3.13%) |
Mkt cap ! $379.7M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 31.0¢ | $153.5K | 487.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 349395 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 29946 | 18 |
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| Last trade - 14.30pm 11/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |