MLX 3.30% 44.0¢ metals x limited

Mostly accounting .You take a 5.5*5m cut drive in waste. How...

  1. 1,588 Posts.
    lightbulb Created with Sketch. 106
    Mostly accounting .

    You take a 5.5*5m cut drive in waste.
    How would you classify the associated costs as ?
    Well , you need to take the drive cut regardless to access the stopes.
    So, classify it as capital cost because its not ore and show it as part of capital works OR
    classify it as working capital .
    You are looking at the Quartelies when capital $$$ were spent for the Area 5 project.

    That's over now. Look for the grades and tonnes coming out the hole from the upcoming quarterlies.

    All other numbers can be dressed up ,those are the bread and butter which tells the real story.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
44.0¢
Change
-0.015(3.30%)
Mkt cap ! $398.7M
Open High Low Value Volume
44.5¢ 45.0¢ 43.5¢ $825.2K 1.870M

Buyers (Bids)

No. Vol. Price($)
5 188704 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 59820 1
View Market Depth
Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
44.5¢
  Change
-0.015 ( 3.26 %)
Open High Low Volume
44.5¢ 44.8¢ 43.5¢ 272132
Last updated 15.59pm 01/05/2024 ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.