MGX 0.00% 36.0¢ mount gibson iron limited

MGX Chart/Technical Analysis, page-78

  1. 143 Posts.
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    I've only recently bought in but i thought i read that their offtake agreements are based on a percentage above the 62 price? Or is it based on 65 price?? Based on the avg AUD price last quarter, this quarter should be better as dollar has dropped. Also based on the ship movements, it could be a record quarterly, as long as the cyclones stay away.
    The yearly predictions of 3.8 - 4.2 look a little light based on a predicted 2.6 half yearly. I'm looking for more like 4.5. Any thoughts from the longer term holders??
 
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