MGX mount gibson iron limited

Nice addition to the asset pot for MGX.$10m of cash + 60m shares...

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    Nice addition to the asset pot for MGX.

    $10m of cash + 60m shares worth $18.6m at Friday's close + 25m options (2 tranches exercisable @ $0.25 and @ $0.30 - so both tranches now in the money).

    With 5 shipments for the month to date plus this $10m, I estimate the cash holdings of MGX now sits at around $205m, with another shipment to leave in the next day or so (Nicola Pegasus arriving this morning) to add a further $6.5m to the cash holdings.
 
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(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $306.6M
Open High Low Value Volume
25.8¢ 26.0¢ 25.5¢ $304.7K 1.176M

Buyers (Bids)

No. Vol. Price($)
8 537339 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 322931 8
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Last trade - 16.13pm 26/06/2025 (20 minute delay) ?
MGX (ASX) Chart
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