Morgan Stanley recently forecast 62% IO at $140 in June quarter.
On Monday Goldman Sachs forecast 62% IO at $150 in June quarter
That equates to $165 for our 65% grade.
CEO, Peter Kerr stated processing plant back in full production this month. He also stated he will maintain the mobile plant to help process the massive $100 million stockpile of ore.
The Chinese Purchasing Managers Index rose to an 11 year high in February.
During 2022 China approved the construction of new coal fired power stations at the rate of 2 per week !
Xi has stated China does not plan to start to reduce emmissions until 2026 to 2030.
Morgan Stanley recently forecast 62% IO at $140 in June...
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Last
38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $454.4M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 39.0¢ | 37.8¢ | $1.230M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37076 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 404397 | 13 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |