MGX mount gibson iron limited

Ship tracking thread - only. Reading is optional, page-165

  1. 835 Posts.
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    You maybe right Zereal if we are receiving $150aud then it is disappointing obviously means it's being discounted heavily considering price for the last qtr around $115 to $$109 usd which equates to around $170-$175 per tonne - now the overburden is completed expected higher sales price. In terms of cost was expecting between $45 -$50 per tonne after the fire incident brought it up to $75 why i was expecting around $90-$100 per tonne in net proceeds.
    The market by in large is not that exciting, going through a period of capitulation investors heading for the exit doors when bargains are now on offer.
    We may see many stocks trade sideways for a while until next years visibility.
    Last edited by Samsonrises: 25/10/22
 
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