given the value of the stockpiles I still think it is worth capturing this. They may end up accelerating shipments to reduce stockpiles.
looking at the ore body it appears to be sloping into the sea, so I am not overly confident they will get a lot more below the bottom of the pit, but am hopeful they will get a fair bit more ore to the west - how much is unknown.
they have also spoken of blending with the other lower grade pits to extend mine life.
if they can extend the mine life of the grade material this would obviously have a significant impact imo
MGX Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
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