MLS 4.76% 2.0¢ metals australia ltd

some good points there. I guess i see limited dilution as we...

  1. 4,273 Posts.
    lightbulb Created with Sketch. 323
    some good points there. I guess i see limited dilution as we have already circa 10M$ cash with OB options exercised we should have enough money for further DD rather than need for CR. i dont think the top 20 holders would want more dilution
    also i dont think drilling depths are really deep so costs to drill not a lot compared to something like COD drilling for copper at depths beyond 800mts.
    If graphite conc recovery grades from lab come postive for use in commercial battery grade lithium and with expansion of resource which is likely i dont think its asking a lot to align with RNU MC of 590M$ which would be 1.5$ by end of year or even earlier.
    If we see some action on Quebec prospects and specially near SYA then i dont think anyone can predit SP. Might suprise us all.
    Most of all this is one of unique players given the high rhobidium content in Manindi. This will no doubt put us ahead of any player in league as will equate to higher NPV and EBIDTA
 
watchlist Created with Sketch. Add MLS (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
-0.001(4.76%)
Mkt cap ! $14.14M
Open High Low Value Volume
2.0¢ 2.0¢ 2.0¢ $17.58K 879.3K

Buyers (Bids)

No. Vol. Price($)
1 10690 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 756527 2
View Market Depth
Last trade - 15.58pm 24/06/2024 (20 minute delay) ?
MLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.