MLX 3.61% 43.0¢ metals x limited

Updated my spreadsheet for Q2 in the hope that grades in Q2 will...

  1. 558 Posts.
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    Updated my spreadsheet for Q2 in the hope that grades in Q2 will look a lot more like in 2023 Q3 & Q4.

    At 44c / 400mn market cap I get an implied IRR (on post-tax basis for 2025 onwards) of 21% assuming cash earnings track TTM (Trailing 12 months). If you're selling MLX at this valuation you better find sth yielding at least 20%! Needless to say, IRR will be massively higher if tin stays around A$50k/t.

    https://hotcopper.com.au/data/attachments/6130/6130738-b1f31a0a8dcf12ee28a8fbce3b39a249.jpg
 
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Last
43.0¢
Change
0.015(3.61%)
Mkt cap ! $389.6M
Open High Low Value Volume
42.0¢ 44.0¢ 42.0¢ $1.033M 2.415M

Buyers (Bids)

No. Vol. Price($)
3 39721 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 17680 4
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
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