MGX 0.00% 33.5¢ mount gibson iron limited

Ann: High Grade Koolan Island Ore Reserves Increase, page-14

  1. 20,412 Posts.
    lightbulb Created with Sketch. 1996

    If I had a choice between 5 year 500 m NPV mine life vs 500m nPV from 12 year mine life I know which I would choose . The 5 years. It’s all about the NPV and DCF . I would be happy if they could bank 500m with a 1 year mine life . If they generate anything north of 200m from KI , then I am sure you will see some healthy dividends going forward.

    As for acquisitions they got very close late last year - it’s just a matter of time and on the end they have made the best capital investment possible - less than 100m spend for a 250-530 NPV ( including closing costs )
    This is a bargaaaaaiiiinnnnn
 
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