MLX 4.30% 44.5¢ metals x limited

Ann: Reinstatement to Official Quotation, page-19

  1. 1,118 Posts.
    lightbulb Created with Sketch. 65
    It's a fantastic transaction for MLX holders.

    Here are my calculations on how the transaction impacts the balance sheet. Huge 100m swing to the asset side, or ~11c/share

    The $6.5m environmental bond is excluded because it's already recognised as a non-current asset in the financials.

    You just gotta ask, how much of the Nifty transaction has been priced in to the shareprice already? I dare say, very little once you consider the value of the Tin asset.

    https://hotcopper.com.au/data/attachments/2891/2891055-e03aced46a81b74bb9e26c9b314fe30c.jpg


 
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45.5¢ 45.5¢ 43.0¢ $1.110M 2.503M

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