given the value of the stockpiles I still think it is worth capturing this. They may end up accelerating shipments to reduce stockpiles.
looking at the ore body it appears to be sloping into the sea, so I am not overly confident they will get a lot more below the bottom of the pit, but am hopeful they will get a fair bit more ore to the west - how much is unknown.
they have also spoken of blending with the other lower grade pits to extend mine life.
if they can extend the mine life of the grade material this would obviously have a significant impact imo
Ann: Change of Director's Interest Notice, page-12
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
-0.005(1.12%) |
Mkt cap ! $529.9M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $184.5K | 420.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 242544 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 131530 | 27 |
View Market Depth
| Last trade - 14.44pm 08/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |