Poor production report, but tin price is now near $A49000, compared with $A40208 for first quarter.
Worth noting that despite poor production, cash on hand rose rose $A24.45 million (including over $3 million in interest) to $A 167.5 million, with the market cap at $426 million.
If they get production back up above 10000 tonnes pa over the next year then the current prices would raise revenue near 50% on the current quarter.
Tin price outlook and restoring production are the keys. I took some profits on the share price rise, but happy to keep a large holding.
Only 1 million odd shares bought back at 356 cps.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities Report
Poor production report, but tin price is now near $A49000,...
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLX (ASX) to my watchlist
|
|||||
Last
42.3¢ |
Change
-0.008(1.74%) |
Mkt cap ! $382.8M |
Open | High | Low | Value | Volume |
42.5¢ | 44.0¢ | 41.5¢ | $2.194M | 5.096M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 79806 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 132099 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 87281 | 0.420 |
13 | 937045 | 0.415 |
17 | 381853 | 0.410 |
10 | 451113 | 0.405 |
13 | 84906 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 134287 | 25 |
0.430 | 160663 | 10 |
0.435 | 94407 | 13 |
0.440 | 81089 | 7 |
0.445 | 285347 | 9 |
Last trade - 15.49pm 30/07/2024 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online