MGX 2.38% 43.0¢ mount gibson iron limited

FMG IO sale price down from $125/dmt Dec quarter to $107/dmt...

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    FMG IO sale price down from $125/dmt Dec quarter to $107/dmt March quarter. Using same deduction rate MGX IO sale price may be down from $108/dmt to $90/dmt for the March quarter.

    MGX Profit margin may be only just under $15/dmt but with 2.2 m tonne production for the quarter could still make the $25m extra cash.

    Good luck with your short position. This could go either way. The quarterly will be interesting.
 
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Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
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