MLX 3.53% 44.0¢ metals x limited

should mlx make a move for srz?

  1. 361 Posts.
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    I think they should as the Heemskirk deposit containing 71.5k tonnes of tin lies just 18km from the Renison mine. With SRZ's EV of $8.3M, MLX can afford to cough up to $20M to mop up the entire shareholding and keep the existing SRZ shareholders happy. What do you folks think of this idea?
 
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Last
44.0¢
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0.015(3.53%)
Mkt cap ! $396.4M
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42.0¢ 44.8¢ 42.0¢ $930.0K 2.138M

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