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
29.0¢ |
Change
-0.020(6.45%) |
Mkt cap ! $28.54M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.0¢ | $39.17K | 131.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20000 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 689 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |