You have summed it up nicely mate
Reality for me is
High grades
Improving production profile
Access to port and rail long term agreements with plenty of capacity to grow
Healthy margins 115 dry per tone sees a 55 buck per tone profit once we are owner miner this will increase to 65 if ore stays stable
Own own fleet and moving to owner miner status to deliver more savings
And the big one. Bucks of cssh with no debt
All we need is more high grade and time to prove that everything is above board with the directors- have worked in governance foe one of the big 4 before trust me when I say this is a long process but mgx is actually on it's way- oversight committees etc
Good luck my target is 1.60 some time this year
Snake
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You have summed it up nicely mateReality for me isHigh...
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $364.5M |
Open | High | Low | Value | Volume |
30.5¢ | 30.5¢ | 30.0¢ | $142.0K | 473.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 144709 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 27772 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 144709 | 0.300 |
4 | 125300 | 0.295 |
4 | 165565 | 0.290 |
6 | 210776 | 0.285 |
11 | 127895 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 27772 | 2 |
0.310 | 85000 | 3 |
0.315 | 285961 | 7 |
0.320 | 144514 | 8 |
0.325 | 119528 | 3 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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Will Souter, CFO
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