aegis confirm 8o c value plus long term viability of MLX. Follows.... Most of the inherent value in the company, however, resides in the development of the Wingellina nickel project, located in Central Australia. A scoping study has been completed on the project, which has generated conceptual mining plans for an initial 46-year production facility. The operation is projected to produce 40kt of nickel metal hydroxide complexes and approximately 2kt of recoverable cobalt as a co-product per annum. Downside risks for the company include cost and schedule blowouts and, potentially, labour supply issues. However, we recognise MLX's potential and initiate coverage with a valuation of $0.80 per share.
quote...
MLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)