Given that investors can work out a companies revenues and their cost of production, full year profits can be estimated.
MGX get paid Rio Tinto negotiated US$78.77 pt for lump ore and US$61.72 for fines.
2mtpa comes to conserative $180 million.
We know from their half year report that cost of Dec half production was $28 million for 1 mt of production. Mining costs are going up, so lets say $70 million for 2 mtpa for this year.
Mistake somewhere here. Tell me where.
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Last
33.5¢ |
Change
-0.025(6.94%) |
Mkt cap ! $408.1M |
Open | High | Low | Value | Volume |
35.5¢ | 35.5¢ | 33.0¢ | $446.1K | 1.332M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 93808 | 33.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
34.0¢ | 53671 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93808 | 0.335 |
12 | 354513 | 0.330 |
10 | 282787 | 0.325 |
15 | 331747 | 0.320 |
7 | 187596 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 53671 | 1 |
0.350 | 52000 | 1 |
0.355 | 59955 | 3 |
0.360 | 93514 | 4 |
0.365 | 111641 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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