Mount Gibson Iron Ltd (ASX:MGX)
A$ 0.295 -0.005 (-1.67%) Market Cap: 365.51 Mil Enterprise Value: -85.67 Mil PE Ratio: 59.00 PB Ratio: 0.65 GF Score: 56/100

Q4 2019 Mount Gibson Iron Ltd Activities Report Call Transcript

Jul 15, 2019 / 01:30AM GMT
Release Date Price: A$0.93 (+1.09%)
Operator

Thank you for joining today's teleconference for the release of Mount Gibson Iron's June quarter activities report. Mount Gibson Chief Executive Officer, Peter Kerr; Chief Financial Officer, Gill Dobson; and External Relations Adviser, John Phaceas. Mr. Kerr will provide a brief overview, after which there will be an opportunity to ask questions. Due to time constraints, only institutional participants will be invited to ask questions at that time. A recording of the call will also be available via the Mount Gibson website shortly after completion of today's teleconference. Go ahead, please, Peter.

Peter W. Kerr
Mount Gibson Iron Limited - CEO

Thanks very much, Ellie. Good morning all and thanks for dialing in to Mount Gibson's June quarter activity report call.

As you know, this quarter was an important one for us as Koolan ramped up to become our primary longer-term source of production and cash flow. We made the first shipment from Koolan in late April, as we announced, and by the end of June had shipped almost 0.4 million tonnes of high-grade DSO

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