Malcolm D- Sorry to correct you but its an 80M NPV which is not Profit.
Also the Bauxite Project is a 50/50 JV so only half will go to MLM.
Based on current market cap of 17.7M with 4.5M in the bank the companies enterprise value is 13.2M.
Therefore based on lets say a NPV of 40M (50%) and excluding all other upside from SCONI etc the shares should be worth approximately 16c when they start mining profitably.
- Forums
- ASX - By Stock
- MLM
- High Grade Bauxite Demand.
High Grade Bauxite Demand., page-8
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries