Koolan Island has 8 years at least. Extension Hill has 4 years at least. Tallering Peak is winding down. The major problem with MGX is that they've made investments to increase transport/shipments to 10mtpa but I can only see up to 7mtpa in consistent production - which means writing down those investments. All in all, the stock price is extremely cheap given the expected profit from future production and current equity in the company.
price action, page-13
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Last
32.0¢ |
Change
0.010(3.23%) |
Mkt cap ! $376.7M | |||
| Open | High | Low | Value | Volume |
| 31.3¢ | 32.0¢ | 31.0¢ | $89.96K | 286.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 573514 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 255602 | 14 |
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| Last trade - 12.03pm 12/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |