Mount Webber is barely cutting a profit at this price, and that's being generous in my opinion. Id say its already deep in the red with iron ore price and grade discount the way the are. The next quarterly will be interesting, to see how much they lost per tonne and how close they are to breaking their minimum cash in bank for debt agreement. It cant last
AGO Price at posting:
2.4¢ Sentiment: Sell Disclosure: Not Held