Hi Rennis,
Between when you attended the AGM in November 2019 and today the situation dramatically changed with the then war chest being completely wiped out in order to regain access to high grade ore, leaving zero for distribution to shareholders and zero for any investments.
Getting back on strike nearly wiped us out with us having to secure a $25 million line of credit to keep us in operation.
Thankfully, we finally got back on strike and rebuilt our war chest. Not only that, guidance is for remaining on strike with low strip ratio with further increase of the war chest.
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- Ann: Update - Notification of buy-back - MGX
MGX
mount gibson iron limited
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1.32%
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37.5¢

Ann: Update - Notification of buy-back - MGX, page-9
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $442.6M |
Open | High | Low | Value | Volume |
38.0¢ | 38.5¢ | 37.5¢ | $419.7K | 1.105M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 278233 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 1830088 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 272833 | 0.375 |
2 | 200000 | 0.370 |
3 | 106164 | 0.365 |
5 | 195488 | 0.360 |
3 | 50388 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 200088 | 5 |
0.390 | 167500 | 5 |
0.395 | 306406 | 4 |
0.400 | 207337 | 13 |
0.405 | 82300 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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