So basically from the waterfall chart have two quarters to either
a) turn nifty around; or
b) make a massive Paterson discovery
with a bonus from reserves upgrades at Nifty and Renison from all that drilling the last few months
I guess the good news is that Renison Operation EBITDA is running at $40m per
year net to MLX.
if they can prove up 8-10 years reserves, then it’s potentially worth say ~6x EV/EBITDA in takeover or indicative guess $250m odd in a competitive sale
less debt of $35m
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Last
61.0¢ |
Change
-0.015(2.40%) |
Mkt cap ! $536.2M | |||
| Open | High | Low | Value | Volume |
| 62.5¢ | 63.5¢ | 60.5¢ | $1.122M | 1.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17740 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 6781 | 2 |
View Market Depth
| Last trade - 15.59pm 28/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |