MGX 5.08% 28.0¢ mount gibson iron limited

Ann: Quarterly Activities Report, page-28

  1. 994 Posts.
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    found the call quite helpful.

    recall that they had around 20 per cent silica in the lower grade material they shipped. If you compare this to the higher grade material in the KI resource the silica content is less than 5 per cent.

    also notable that it seems that the resource expansion activities that are underway would be used for blending with the higher grade material.

    some questions for me are what kind of contribution will shine have over the next little while in terms of building up cash reserves while we wait for KI high grade from October onwards.


 
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