MGT share price, page-9765

Good article BT, thank you. Sentiment is heading in the right direction after the recent overcorrection in the iron ore rate, with the difference between grades becoming clearly key. This article helps to frame our market positioning as an upcoming high grade, ESG focussed iron ore producer: https://stock head.com.au/resources/mt-gibsons-low-grade-iron-ore-loses-its-shine/ (remove space between stock head).

Want to ride out the storm? High grades are the key
High grade iron ore remains resilient however, Hannah said, noting that higher grade products are US$10/t better off than they were the last time the price of iron ore hit US$90/t back in May last year. “The persisting appetite for higher-grade products owes largely to two factors: 1) Record high coke prices, and 2) Still-healthy steelmaker profit margins,” he said.