We have gone from having a $25 million loan last year to a $440 million cash position in the current March quarter due to record shipments (exceeding guidance) and zero tax payable this financial year.
Guidance of 3.8 to 4.2mt would be due to no longer requiring the mobile crushing plant . . . that has been working along side the fixed plant to help reduce the stockpile. New crushing equipment to further reduce costs of crushing the larger and harder material has been aquired and is set to start soon.
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Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $330.2M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 28.0¢ | 26.0¢ | $931.2K | 3.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15166 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 361149 | 9 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |