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49.5¢ metals x limited

Ann: Quarterly Activities Report, page-61

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wb200

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31/07/23

13:07

Post #: 69079226
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Originally posted by Autosime: ↑

Hi Guys
Had a good chat with Brett .
I can see the Tanami venture has legs with NST being the JV partner and the area having significant prospectivity and also a mine on site. With todays cost to build a mine, i can also see why this may be considered to have significant future prospects given existing infrastructure.
as for MLX, in summary Tin production all other things being equal should increase over next few years starting from this half as we move to higher grade area
Rentails NPV significant and should be considered an environmentally friendly exercise as it will reduce metals in tailings and allow for build of a new modern super safe tailings damn
Some talk of Tin been added to critical minerals list ( its an aside but interesting )
Cash level use may be allocated for various purposes including capital management , acquisitions or to fund rentals with cash - combo of all also possible given still about 3 years away by which stage cash should will be a lot higher

satisfied for now and will re examine prospectivity of Tanami

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Any word on OP saga and poor share price performance vs AFM and tin price?

MLX Price at posting: 31.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 49.5¢		Change -0.005(1.00%)		Mkt cap ! $443.8M

Open	High	Low	Value	Volume
50.5¢	50.5¢	49.0¢	$1.566M	3.134M

Buyers (Bids)

No.	Vol.	Price($)
2	12020	49.5¢

Sellers (Offers)

Price($)	Vol.	No.
50.0¢	154983	4

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No.	Vol.	Price($)
2	12020	0.495
11	458148	0.490
4	191100	0.485
11	371711	0.480
3	149996	0.475

Price($)	Vol.	No.
0.500	154983	4
0.505	149617	10
0.510	97615	6
0.515	123409	2
0.520	168837	12

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