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
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |