IMO its not derisked at all. Its derisked as far as the lender is concerned as they feel they can still get there money back.
But Renison still paying the bills is annoying.
Now its paying bills in the future already.
I would say this is based of the fact they believe that they can turn around Nifty to support itself.
All I know is the effort to get this Cu out of the ground is Costing $$$$$$$.
If they can't get it out cheap enough then leave it for another day
One day it will be worth a heap more than it is today and it might be worth mining it.
So far investors have been fleeced to get it out of the ground for someone else to enjoy.
- Forums
- ASX - By Stock
- MLX
- Ann: Execution of A$35 Million Loan Facility Agreement
Ann: Execution of A$35 Million Loan Facility Agreement, page-13
- There are more pages in this discussion • 11 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
Add MLX (ASX) to my watchlist
(20min delay)
|
|||||
Last
38.5¢ |
Change
-0.010(2.53%) |
Mkt cap ! $348.8M |
Open | High | Low | Value | Volume |
39.0¢ | 39.0¢ | 38.0¢ | $691.3K | 1.795M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 216864 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 82798 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 191364 | 0.380 |
3 | 189264 | 0.375 |
7 | 203964 | 0.370 |
6 | 217790 | 0.365 |
9 | 246910 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 82798 | 5 |
0.390 | 70413 | 4 |
0.395 | 53796 | 5 |
0.400 | 203376 | 5 |
0.405 | 90000 | 1 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
38.5¢ |
  |
Change
-0.010 ( 1.86 %) |
|||
Open | High | Low | Volume | ||
39.0¢ | 39.0¢ | 38.0¢ | 804167 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
MLX (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online