Are you drank, or have a learning difficulty. Your deposit when mined is 15% iron content. Mgt has to build a plant and process its ores to achieve 68%. It costs a small fortune to do that. Iñstead fmg digs and sells. If its about quality, all fmg has to do is build a processing plant like mgt, and do the same and achieve costs that mgt could only dream about. Would be under $20 a tonne breakeven. Game over for mgt. Your quality argument goes out the door
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $18.93M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.5¢ | $25.32K | 127.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 54545 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 81434 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MGT (ASX) Chart |