Discrepancy in stripping costs could be because one was estimated over a year, and the other is over a quarter when material with a higher waste to ore ratio was being worked on. I think (assume) overall their yearly cost will come in a bit higher than initial guidance, based on figures reported to date. But with Shine start up imminent and a few years of high quality Koolan ore ahead of us, plus upside from satellite pits, coupled with a still high iron ore price, I'm a happy camper. I expect share price has quite a bit of upside potential.
Discrepancy in stripping costs could be because one was...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $442.6M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $581.8K | 1.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90400 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 47216 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |