MGX 0.00% 34.0¢ mount gibson iron limited

Ship tracking thread - only. Reading is optional, page-164

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    I suspect it will be quite a lot less than this.

    my thoughts are costs are probably going to be in the 90-100 range for this quarter. With actual sale price received perhaps around the 150 AUD Mark for the quarter. So somewhere between 30-40M in cashflow. Then perhaps take 5M for overburden stripping and the 30M in adjustments from the last quarter and we have a similar cash position to end of last quarter. However I am also factoring in additional cash reduction for the fire impacts.

    there are the two insurance claims I am guessing which will help rebuild some of the cash depletion (business interruption and damage to the processing plant).
    there is also the significant claim against the engineering firm, which I suspect is still a long time away from resolution either way.

    market is telling us to not get too excited about the pending results imo.
 
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