Hi andrew9484MGX has a team of around 350 while GRR has a team...

Hi andrew9484

MGX has a team of around 350 while GRR has a team of more than double that, yet although GRR have a team >700 they only produce circa half the tonnage of MGX.
Possibly GRR's team of >700 could be trimmed as under GRR's current CEO, Mr Zhao, the team has grown by 200 yet produce the same tonnage as when GRR employed 500.
MGX costs are circa half that of GRR.
GRR are spending far more money on making pellets than they receive in pellet premium.
Future wise GRR will reduce mining costs by going from open pit to UG but capital costs will keep the cash position low during the capitalization phase of UG.
In about the same time frame . . . MGX will have around $1 billion to deploy . . . most likely into one of the bulk base metal businesses that they are currently critically examining, be it one of the several juniors that they hold a position in and can see the possibility of some capital needed to grow that junior, or perhaps on one of mgx's own tennaments such as tallering peak where exploration drills are currently ongoing . . . or perhaps spread it around a combination of the above as MGX has a history of having multiple mines.
Dividend wise . . . MGX have said they will pay as soon as they have imputation credits. Dividend wise GRR BoD have stated that they want to reward shareholders as much as possible.