At the current tin price around $A35000 MLX is still producing net cash, but may be only $10 million per quarter on a quick calculation, depending on the assumed costs in future quarters (which I assume are lower per tonne). So the outlook depends a lot on where the tin price goes from here. Has it bottomed?
The above suggests cash flow of $40 million per year on an enterprise value of $100 million. Any other views?
Ann: Quarterly Activities Report, page-11
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $385.5M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.3¢ | 42.5¢ | $1.125M | 2.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 265 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| MLX (ASX) Chart |