Regardless of the mine life it really boils down not we know today but what happens tomorrow.
Tomorrow may bring us an acquisition, a buyback, a special dividend or the satellite mines may prove fruitful or a mine collapse.
The company as we know it today will generate in excess of $900 million in the bank or more pending on the price. Not bad for a junior company.
Despite the possibilities, it's imperative we see interest rate reductions to get the bulls back into the market. We will then see an upgrade in the share price.
Regardless of the mine life it really boils down not we know...
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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 |
View Market Depth
| 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 |