It is highly likely that the management will keep stating they will revisit the development of the mine early next year until the insurance company pay's out. The more likely scenario is that the company will bank the insurance payout, rather than spend c$100m re-developing the mine. By end of June Qtr 2015, the company could potentially have over $400m in cash in addition to over $200M in PPE (as at 30 June 2014)
DYOR
It is highly likely that the management will keep stating they...
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $751.6K | 1.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 371734 | 9 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |