MLX 0.00% 46.0¢ metals x limited

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

  1. 528 Posts.
    lightbulb Created with Sketch. 182
    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
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
0.000(0.00%)
Mkt cap ! $416.8M
Open High Low Value Volume
45.0¢ 46.3¢ 45.0¢ $1.023M 2.238M

Buyers (Bids)

No. Vol. Price($)
1 45000 45.5¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 182780 5
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
46.0¢
  Change
0.000 ( 0.09 %)
Open High Low Volume
45.0¢ 46.3¢ 45.0¢ 535375
Last updated 15.59pm 24/05/2024 ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.