Auto,
Completely agree that Mgx is very undervalued but don't think more than Grr as:
Grange has at least 50 year mine life and has to spend very little on exploration as opposed to Mgx
After completion of second mill replacement in May and tailings, Capex for Grange will be seriously reduced.
After upgrading pellets to flux status the premium will be at least 30 dollars to fines so margins could be even better.
Good luck to all
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $214.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $111.9K | 606.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 968981 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 228752 | 14 |
View Market Depth
| Last trade - 11.53am 08/07/2025 (20 minute delay) ? |
| GRR (ASX) Chart |