MGX 1.20% 41.0¢ mount gibson iron limited

General comments and chat., page-11

  1. 961 Posts.
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    Also worth noting the comment from the latest quarterly

    “At current prices, the FOB value of a typical Koolan Island shipment (approximately 77,000 dmt) grading 63% Fe is approximately $12M before royalties.”

    My take would be we should see perhaps a 10-15% improvement on the 63% - based on grade differential and hopefully reduction in Penalties)
 
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