I wonder if the insurance cover not only for the replacement or refurbishment but also loss of income. Hopefully we get an update soon.
There is only 16mt remaining for the next 4 years one would hope 65%fe remains steady even at $110 per tonne converted to aud is around $171 which gives us approx $100 per tonne as EBIT or approx $1.6 billion for the life of mine.(excluding potential further 18.0mt if feasible from same mine)
MGX Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)