MLX 3.41% 45.5¢ metals x limited

Ann: Nifty Copper Operations Update, page-92

  1. 370 Posts.
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    My worst case scenario is that NIFTY isn't turned around by March 2020 quarter and goes on C&M for say $5m per year. With Renison having EBITDA of $40m, then overall earnings becomes $35m. This means the shares have very good upside.
 
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