To meet their [reduced] guidance of 1.5 million tonnes for the year, MGX need to ship 862,000 tonnes this fourth quarter. Eleven ship loads is 880,000 tonnes so 11 ships need to be loaded by 30th June. DL Dahlia is the third ship coming in for this quarter and will probably depart about 12th May.
So 8 more ships need to dock and fill up in the last 7 weeks of the quarter. Average one every six days.
I gave my guesstimate previously and I think its inevitable they will go under guidance, despite my Indonesian friend's unfounded assertions.
To meet their [reduced] guidance of 1.5 million tonnes for the...
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26.0¢ |
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Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.0¢ | $389.8K | 1.489M |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |