Hi AJK92 This is a difficult much debated question. if you read some documents the mining licence seems to run out to 2030, if you read reserve and compare to depletion rates then it could be significantly shorter say 12/2025 if you read various management comments it would appear that the island has more IO and could be mined a lot longer but the question is what is economical at what price. I reckon by March this year we may be given a bit more info about this.
MGX Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)