MLX 2.06% 47.5¢ metals x limited

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

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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
47.5¢
Change
-0.010(2.06%)
Mkt cap ! $430.4M
Open High Low Value Volume
48.5¢ 48.5¢ 47.0¢ $1.362M 2.852M

Buyers (Bids)

No. Vol. Price($)
12 146627 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 149393 2
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Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
47.5¢
  Change
-0.010 ( 1.90 %)
Open High Low Volume
48.0¢ 48.5¢ 47.0¢ 1162286
Last updated 15.59pm 30/05/2024 ?
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