I think the stock should be trading at 42-45c now on current Tin price and cash flow and can go much higher on
1. Rentails progress
2. tin AUD price
As Rentails progresses and we get firm costings and NPV estimates we can start applying a risked value on the project. At that stage we could have a valuation that is 60c plus
it is very cheap at these levels
Ann: On-Market Share Buy-Back, page-36
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Last
47.0¢ |
Change
-0.030(6.00%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 46.0¢ | $2.459M | 5.162M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 549999 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 46126 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |