MLX 3.37% 43.0¢ metals x limited

Ann: Paterson Province Indigenous Land Use Agreement, page-32

  1. 2,339 Posts.
    lightbulb Created with Sketch. 1173
    @043110 thanks for sharing this info. I came to MLX for the tin play , on the basis it was an overlooked metal, and that hadn't had the run that nickel stocks have had. I knew they had a "nickel side project" but I didn't investigate it too much or put any value on it. As it turns out, and as you kindly point out, their nickel project is actually massive. Massive in scale but also massive in terms of capex.

    I note the comments that "the company will be undertaking a strategic review of the project through the remainder of 2020". So assume we would be expecting some news soon?

    What do holders think they might do with this in future? Perhaps in a similar way to the sale of copper assets to Cyprium, where they keep some skin in the game? Or otherwise a JV?
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
-0.015(3.37%)
Mkt cap ! $394.2M
Open High Low Value Volume
44.0¢ 44.0¢ 43.0¢ $193.1K 443.6K

Buyers (Bids)

No. Vol. Price($)
18 154470 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 63296 10
View Market Depth
Last trade - 11.51am 22/07/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.