I wonder about the reactions. Iwas no secret that there would be price adjustments. MGX announced in the March quarterly report that:
"Based on prevailing spot iron ore prices, Mount Gibson anticipates negative provisional pricing adjustments relating to its March quarter shipments in the region of $25 million, although the final adjustments will depend on the actual prices in coming months."
In fact, it has now become $29 million. The quarter itself was successful, given $28 millionoperating cashflows before adverse provisional pricing adjustments were achieved.
I wonder about the reactions. Iwas no secret that there would be...
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32.0¢ |
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Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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