Nice work Lorenzo. With the operational aspects of the mine seemingly well under control, iron ore price and to a lesser extent diesel price is clearly the key variable impacting forecasts. With analysts beginning to upgrade their forecasts for IO over the next 24 months surely the Iron Ore junior producers will see more upside. $0.80 by Christmas feels reasonable to me if Iron Ore is still above $200 by then.
FEX Valuation, page-2
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $218.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 31.0¢ | $184.0K | 581.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 158934 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 8616 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
31.5¢ |
Change
-0.005 ( 1.56 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.0¢ | 31.5¢ | 388999 | ||
| Last updated 15.22pm 21/05/2024 ? | |||||
| FEX (ASX) Chart |