Prediction for Q3
Production: 2,200 - 2,300t (100%)
EBITDA: A$55m (100%)
Cash bal: A$30m (MLX).
If you consider a cal bal of A$30m and value the con note at par (A$36m), you're still getting the company for an EV of A$250m. Could be argued that the nickel asset is worth ~A$50m so Renison (+Rentails) is getting priced at ~A$200m. Given the tax losses this thing could FCF (excl expansion capex) over $100m - so FCFy is ~50%. Still got a lot of legs here IMO.
Ann: Repayment of Loan Facility, page-6
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Last
47.0¢ |
Change
-0.005(1.05%) |
Mkt cap ! $425.9M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 48.5¢ | 46.0¢ | $1.532M | 3.249M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21619 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 88674 | 3 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
47.0¢ |
Change
-0.005 ( 0.91 %) |
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| Open | High | Low | Volume | ||
| 47.5¢ | 48.5¢ | 46.0¢ | 1002483 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| MLX (ASX) Chart |