Seems the market had it right after all.
operationally a $1 million loss for quarter. Interest earnings saved it from being cash flow negative.
Guidance lower for next year. wtf! Haul road upgrades and remedial work on wall. Which is going to cost us.
Bringing forward impairments means they will probably record a loss for the year.
What a mess. This is a terrible quarter and somehow have spun it to seem reasonable.
So over to the MGX bulls to spin this report positively.
Seems the market had it right after all. operationally a $1...
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $408.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.8¢ | 33.0¢ | $475.3K | 1.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 137710 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |