MLX 1.25% 40.5¢ metals x limited

world class nickel mine announcement, page-8

  1. 58 Posts.
    Just a silly question, but could someone help,

    If the Nickel's in ground value is around 80-100 Billion then how come the Metal X is valued at around 250 Million only
    at around $0.35 a share

    If they were valued at 5% of the 80 billion it would be worth no less than 4 Billion!!!! i.e. price of $5.6 a share


 
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