Noting that ELT (Elementos) up another 8% today. If you add the issued shares form the placement with MLX to their current SOI, the MLX Equity in ELT is valued at $5.9m at today's close... Up A$900,000 on our investment to date..
I also note that 1SN (First tin) has been performing very strongly.
Here is my (extremely) rough back of envelope asset and FCF vs EV calc come end of FY25...
*I assumed $25m free cashflow for the quarter, minus the $5m ELT investment, gives us $20m growth in our cash balance.
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |