No worries - the best thing about MLX is their dividend policy!!! Don't worry too much about the share price if you are not selling, as it will work it's way out over the next year - but with all that expansion planned to 500k+ ounces a year in the next few years - the one thing the market can't change is the profit. That means our dividends will only go up as the profits.
Imagine what they are going to buy with the profit??!!! - I reckon it'll be 500k+ ounces in the next eighteen months through acquisitions (not 3 years)
Attached is the slide that keeps me focussed on the bigger picture
MLX Price at posting:
$1.07 Sentiment: Buy Disclosure: Held
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