My understanding:
Production cost = $53USD/t.
Current 62% Fe price = $144.90USD
Current 65% Fe price = $173.75USD
Likely 69% Fe price = $200+ USD??
Likely 69% Fe Pellets price = $250+++ USD???
Assume $200USD/t profit then => $564M AUD profit per annum => CONVERT YOUR MGTREs, people!!
Ann: Mines and Money Conference Presentation, page-11
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 (20min delay)
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Last
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $37.40M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 38.0¢ | $56.49K | 147.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2285 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 21112 | 1 |
View Market Depth
| Last trade - 12.40pm 17/05/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
-0.005 ( 2.60 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 37.5¢ | 27553 | ||
| Last updated 14.18pm 17/05/2024 ? | |||||
| MGT (ASX) Chart |