This summarises why MLX is a great LT investment trying to...

This summarises why MLX is a great LT investment

trying to extrapolate the net cash flow numbers is TIn averages 40000 AUD this year. Just under what we are now

I am using the following rough methodology
production 10000
MLX share half
200m revenue
costs that exclude non cash costs such as depreciation
26000
14/40 is therefore cash margin ( remembering no tax for at least 1 year )
35% cash margin on revenue
70 m net cash flow
for every 1000 higher AUD Tin I get an extra 5 m in annual cash flow

it’s a rough calc that works - remberkng we are earning about 7-8 m from interest which I haven’t included so room for some slipagge in my numbers

thoughts ?
n