MLX 3.41% 45.5¢ metals x limited

Ann: Nifty Copper Operations Update, page-90

  1. 3,206 Posts.
    lightbulb Created with Sketch. 640
    think that MLX is operating on debt & borrowings at this time , Nifty is hemoraging MLX when Renison is increasingly more profitable . Don't forget who got us into this mess .If it wasn't for shareholder & bank support MLX would be in severe financial trouble at the moment . So what do we do shoot the messenger here APAC, when it was management who got us into this deplorable situation - they have pushed the bleeding Nifty under the carpet , while extolling Renison - but the figures just didn't add up , hence the low ball cap raising & bank loan facility . Just check out the chart direction .I believe if APAC had have got the numbers it would be up- up - up as Coles would say . Don't forget who got us into this , at least they could be honest about it
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.