MGX 6.94% 33.5¢ mount gibson iron limited

they have been paying significant penalties for the lower grade...

  1. 984 Posts.
    lightbulb Created with Sketch. 131
    they have been paying significant penalties for the lower grade ore they have been shipping due to the high silica content.

    this is why when we move to higher grade we should be seeing achieved pricing much closer to the reference price as the penalties drop right off.

    again though they need to start shipping some material for this to be relevant….
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
33.5¢
Change
-0.025(6.94%)
Mkt cap ! $402.0M
Open High Low Value Volume
35.5¢ 35.5¢ 33.0¢ $209.4K 622.2K

Buyers (Bids)

No. Vol. Price($)
12 205306 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.5¢ 119136 3
View Market Depth
Last trade - 11.16am 15/08/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.