Hi all Apologies for starting a new thread but I think this comparison deserves it.
I was listening to the Datt talk ya book MLX discussion which occurred in Nov 2021 . I think the comparison of metals X then and now really highlights the point of how much value has been added over that time frame.
Ar the time of this discussion MLX has a market cap of 300m and cash and inv of 50m odd . An EV of 250 m The EBITDA was 25 m for the quarter and production around. 2300-2400 and an averaged realised Tin price 44 k AUD
today Tin is 50k AUD Cash and investments circa 300-310m EBITDA 30m -35 plus per quarter production running at 2500 plus per quarter annualised EV of 160m odd
So one can see that despite SP creeping up to 54 c it is much much cheaper today than in Nov 21 . These comparisons take away the noise and show the best measure of quantifiable value - cash accumulation
ps - I suspect tomorrow will include a capital management update , buy back or maybe even divi
MLX Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)