MLX metals x limited
Add to My Watchlist 1.80% ! 54.5¢

They have $40m of cash.. $40.... they only need to start paying...

  1. Cashmeoutside
    3,239 Posts.
    lightbulb Created with Sketch. 2150
    clock Created with Sketch.
    21/02/20
    09:59
    Post #: 43064281
    They have $40m of cash.. $40.... they only need to start paying the Citi debt at $2m per quarter starting next quarter. Nifty C&M all but done. Renison half hedges at A$25k/t and current spot is A$25k/t .. should still make cash at those prices.

    So $40m easily gets them through the year and into Area5.. once in Area5 I’d be expecting 1,250kt Sn per quarter MLX share at circa A$14k/t cost.. that’s $14m in cash generation per quarter based on current prices

    And then there’s the nifty sale...
    MLX Price at posting: 9.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
NEWS Many are concerned about global falling birthrates. This diverse stock has solutions
right-arrow Created with Sketch.
NEWS Trident Infill Drilling Results Confirm Resource as Development Gets Underway
right-arrow Created with Sketch.
NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
NEWS Infill Drilling at La Negra Returns High-Grade Silver with Standout 28m at 507gpt
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
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.
Add to My Watchlist
(20min delay)
Last
54.5¢ 		Change
-0.010(1.80%) 		Mkt cap ! $483.0M
Open High Low Value Volume
56.0¢ 56.0¢ 54.5¢ $613.2K 1.109M

Buyers (Bids)

No. Vol. Price($)
5 75745 54.5¢
 

Sellers (Offers)

Price($) Vol. No.
55.0¢ 48986 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.