2 possibilities at the moment as I see it..
shougang go ahead.. pellet plant as a priority utilising ore from 3rd parties.. agreement on magnetite wa.. on a staged basis allowing for an eventual lock in on a fixed cost contract basis as costs stabilise (this may occur sooner than you think.. constrction costs in QLD are already flattening out)
second possibility is something out of left field.. possibiliy corporate maybe including RMI and other midwest entities leading to a sizable "competitor" to BHP/Rio etc with more credibility than forrest's FMG.
either way very intersting times for MGX.
(btw shaws currently value magnetite/pellet plant at $1. )
do your own research - my view only etc.
- Forums
- ASX - By Stock
- mgx gets speeding ticket from asx
2 possibilities at the moment as I see it..shougang go ahead.....
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGX (ASX) to my watchlist
|
|||||
Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $402.0M |
Open | High | Low | Value | Volume |
33.5¢ | 33.5¢ | 33.0¢ | $613.2K | 1.847M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 372228 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 263095 | 41 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 372677 | 0.330 |
13 | 187226 | 0.325 |
21 | 217299 | 0.320 |
12 | 273369 | 0.315 |
10 | 226944 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 263095 | 41 |
0.340 | 346609 | 11 |
0.345 | 52988 | 6 |
0.350 | 176678 | 5 |
0.355 | 37499 | 2 |
Last trade - 15.35pm 22/08/2024 (20 minute delay) ? |
Featured News
MGX (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online