Capex on the A5 flagged last june to be $25m for MLX part,,,, how much of this has been sunk including the Quarter just gone do you think @Cashmeoutside
With a Spot tin AUD price of over $36,000 and our ASIC around say $20k our share of quarterly production is about $1050.... Im getting 16k x 1050 is about $16m per Q
If they have already dropped $8m plus say another $8m the next 2 Quarters then by years end this should be looking really good with a pile of cash in the bank
MLX Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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