MLX metals x limited

4.59%

57.0¢

yeah. Anyone with a territory degree could be able to register...

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equityma

2,185 Posts.

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24/10/19

10:06

Post #: 41045110
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Originally posted by padhai: ↑

MLX has spent more than $150 mil trying to turn Nifty around in the past 3 yrs with no evidence of success.

The resource ,reserve and the grade is there.With the recent increase in development rate and improvement in paste , electrical and ventilation system , accessing that virgin reserve away from the troublesome central zone is near.

However I believe time has run out and sharks are circling (rightfully ) and soon Nifty will be a takeover target.Change in company name but the asset is solid.

To answer your question , yes shorting now is very risky. Well they have flagged Sept. Q will be flat so there might be an interim drop in sp when they release their Q but 15c for the asset they have is undervalued.Unfortunately with the current mgmt. Even 1c is overvalued.

Damn...maybe i should've applied for APAC's PR company

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yeah. Anyone with a territory degree could be able to register an interest to work for Mlx.
Forget about the existing board members. They're having zero chance to remain their top jobs.

MLX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

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(20min delay)
Last 57.0¢		Change 0.025(4.59%)		Mkt cap ! $505.2M

Open	High	Low	Value	Volume
55.0¢	58.0¢	55.0¢	$2.022M	3.573M

Buyers (Bids)

No.	Vol.	Price($)
2	19522	56.5¢

Sellers (Offers)

Price($)	Vol.	No.
57.0¢	50000	1

View Market Depth

No.	Vol.	Price($)
2	19522	0.565
2	67044	0.560
4	167044	0.555
8	161976	0.550
2	54100	0.545

Price($)	Vol.	No.
0.575	67044	2
0.580	257561	5
0.585	59559	3
0.590	35000	1
0.595	100000	4

Last trade - 16.10pm 27/06/2025 (20 minute delay)

MLX (ASX) Chart

yeah. Anyone with a territory degree could be able to register...

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yeah. Anyone with a territory degree could be able to register...

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