The following is totally fictional
June 3rd 2006
The port of Geraldton finally recieved the final delivery of the the 34h iron ore wagon from China on behalf of Mt Gibson mining (ASX:MGX) to ramp up production to 3 mtpa.
The Company could not be more pleased considering the recent 17% iron ore price increase negotiated through RIO and BHP.
MGX plan to increase production to 4.5 milion tonnes per annum in 06/07 making them the 4th largest iron ore producer in Australia behind RIO BHP and PMM.
Commenting on the recent share price weakness kawartha had the following to say :
Cash : $50 million
Share price 05/06 : $1.12-$2.17
Shares Diluted 300 million +
NPAT $37 Million
PS : I hold 5*XXXXX
whattayouthink
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $534.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.5¢ | $178.2K | 404.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 240727 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 436449 | 4 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.005 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 123351 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| MGX (ASX) Chart |