Based on the current mine plan 2026 would be roughly the end of the high grade material in the main pit (my guess about 12 Mt left at end of June) They could well blend with the satellite pits to extend mine life beyond this date.
The big unknown and likely the biggest value driver is their ability to convert the additional 16 Mt of high grade/low impurity in the main pit into the mine plan. They do this and this could really rerate.
Based on the current mine plan 2026 would be roughly the end of...
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Last
27.3¢ |
Change
0.013(4.81%) |
Mkt cap ! $318.4M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.3¢ | 26.0¢ | $625.3K | 2.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 978464 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 770483 | 22 |
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| Last trade - 15.39pm 27/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |