MGX have already stated the likelihood of keeping much of the infrastructure for repurposing in the tourism industry of which MGX have already held discussions with the local indigenous people.
Koolan is renowned as a paradise for fishermen.
In particular the recently lengthened / upgraded airstrip is of strategic interest by several groups.
The main pit would likely be flooded and returned to marine life.
In the 1980s, nearby Cockatoo Island was similarly repurposed for tourism by the late Alan Bond.
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $454.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 38.0¢ | $280.8K | 728.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 288800 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 4999 | 1 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| MGX (ASX) Chart |