Any debt would surely be within Bluescape Metals - the joint venture running Renison - so that would not be on the MLX Balance sheet.
It is common for mining businesses to have a come and go facility to finance their working capital highs and lows or periodically borrow for some capexSo MLX could be a cleanskin with a large undeveloped nickel resource and steady cash inflow, minimal overheads. How much inflow annually and what do we do with it?
Any debt would surely be within Bluescape Metals - the joint...
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Last
38.5¢ |
Change
0.025(6.94%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.8¢ | 37.5¢ | $836.5K | 2.195M |
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| No. | Vol. | Price($) |
|---|---|---|
| 6 | 311665 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 120633 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MLX (ASX) Chart |