MGX 0.00% 34.0¢ mount gibson iron limited

Thanks charchar, looks like a couple of years of break even if...

  1. 184 Posts.
    lightbulb Created with Sketch. 9
    Thanks charchar,
    looks like a couple of years of break even if prices stick around $85 a tonne.
    if they can hold on to the $520mil whilst reducing costs
    and still pay 4c div it'd definitely be worth holding.
    i guess the question is how many years of production will koolan island have after costs are cut?
    Anyone know of shine projects likely
    cost per tonne?
 
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