MLX 0.57% 43.3¢ metals x limited

Ann: Quarterly Activities Report, page-9

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  1. 20,489 Posts.
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    Edshan
    look at the cash flow number for the truth. Cash change was simply a result of the quarter before inventory being monetised.. what you find is, the cash changes can be deceptive in the same way 2 quarters ago cash hadn’t moved when it was simply a matter of the tin in transit not hitting the account yet.

    I agree the sun will be masked by higher TIN price, but the stock has added 220 million Ev in 2 months on the expectation that the higher TIN price will be translating into ve. ry high cash flow. At least for the last quarter this wasn’t the case
 
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