Maaraco
Good points but tend to disagree on 1 point.
you say
" MGX seems determined to deliver revenue. Their recent JV with Asia Iron cleverly provides a solid revenue stream in their new magnetite project without the capital risk via their indexed management fees and direct shareholding. This could be worth more to the bottom line in the next 2-3 years than their current Tallering Peak production shedule.
."
However in the Shaw report you will find they give a valuation of between 5 and 50 cents a share for MGX's involvement in the JV, so it is not greater than the current Tallering Peak valuation of 61 cents
MaaracoGood points but tend to disagree on 1 point.you say" MGX...
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Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $444.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $244.0K | 664.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 118094 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 50000 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |