MGX 5.08% 28.0¢ mount gibson iron limited

Yes - 75c i can't see. 50c I can Say 41.5c cash 5-6 c for BI...

  1. 20,449 Posts.
    lightbulb Created with Sketch. 2010

    Yes - 75c i can't see. 50c I can
    Say 41.5c cash
    5-6 c for BI payout
    Ki is breakeven including capex at uSD 46 so at current spot one can conservatively add 3-5 c
    So somewhere between 49-52c
    Now it's only only about upside , but the opportunity for 50-70% with very very limited downside is a great risk return equation . The best on the market Imo and without doubt the best in the resource sector
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
-0.015(5.08%)
Mkt cap ! $341.1M
Open High Low Value Volume
29.0¢ 29.5¢ 28.0¢ $452.0K 1.581M

Buyers (Bids)

No. Vol. Price($)
12 719630 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 32325 2
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.