Valuation is a relative game. My view is that gold is probably going to be anchored at US$2000+ given the shenanigans happening in the fiat currency world. And tin is cheap in gold terms. Hence, it’s also still cheap in fiat terms.
On a side note, I’m beginning to wonder whether MLX will be down tomorrow…
4Q2024 Valuation, page-50
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Last
43.5¢ |
Change
-0.015(3.33%) |
Mkt cap ! $390.0M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 43.0¢ | $875.9K | 1.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50300 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 1137 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |