MLX 0.00% 39.5¢ metals x limited

The share is beyond me and does not at all reflect the...

  1. 103 Posts.
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    The share is beyond me and does not at all reflect the fundamentals of the company.
    With the new age of electrification Its simply a fact that we've arrived early for the party rather then fashionably late like most other battery metal stocks.
    It just may be a slog till Christmas but after the paste plant is commissioned and the raise bore is off site early next year it should be easy sailing.
    Going forward Apart from maybe purchasing new mining equipment or implementing some kind of new technology that may come available in the milling or crushing department I don't believe there will be any major capital works left to complete.
    If Rentails gets put on hold and at current tin prices I believe it will I reckon the equivalent of start up cost cash will be put in reserve ready to go bang when the time's right.
    If we don't see a buyback we may just enjoy some hefty dividends for the next few foreseeable years ?
 
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39.5¢ 39.5¢ 38.5¢ $618.4K 1.579M

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4 143887 39.0¢
 

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39.5¢ 6251 2
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
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