I am happy with this. Addresses clearly the reasons for the miss in production.
We are looking at FY23 with a minimum production target of 4 Mwmt based on what has been provided.
I was buying at high 60’s so am more than happy to be adding at this price.
Provided iron ore prices remain steady this will be generating significant cash flow.
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $430.8M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.5¢ | 36.8¢ | $266.4K | 717.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 69092 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 222122 | 6 |
View Market Depth
| Last trade - 10.34am 22/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |