Miningnuts most recent figures is for $700 million cash position by 30.6.26.
Miningnut also recently posted on the GRR thread about Macquarie forecasting of significant fall in the IO price due to Simandou coming into production.
If Macquarie are correct then LOM of 2026 may be a blessing / good timing to move into a different base or precious metal, as has been stated in the quarterlies, with the most recent quarterly adding bauxite to the industries that the BoD are currently critically examining.
Miningnuts most recent figures is for $700 million cash position...
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.5¢ | $369.5K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99993 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 180244 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |