MGX 1.18% 43.0¢ mount gibson iron limited

Hi runningbear62Are you talking about the repair costs for the...

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    Hi runningbear62
    Are you talking about the repair costs for the slippage in the eastern end of main pit last year ?
    Miningnut has done 3 estimates of half year profit and loss.
    Only in his 2nd estimate do I see he has an entry of $8 million for "repairs Koolan". I think the "repairs Koolan" that miningnut refers to may be his estimate for the cost to repair the slippage.
    I do not see miningnut having an entry for "repairs Koolan" in his 3rd revision of half year P & L. This may be because the expense will be incurred in 2024 (in the current quarter) . . . if so we will not see this expense in the half year P & L announcement to be announced within the next couple of weeks.
    Miningnut may be able to enlighten us further.
 
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