Let’s just hope CYM are legit and they’ve already got enough...

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    Let’s just hope CYM are legit and they’ve already got enough commitments to raise the funds. You would have to think MLX/their advisors (Cannacord/Hartleys) have already checked this.

    If the article is accurate it will mean $24m in the door with a further $36m as a convertible note (effectively debt lent to CYM that can be converted to stock in CYM at some price).

    The funds should allow MLX’s debt to disappear $24m + $5m collected from EMR/Gun Powder +$2m out of cash reserves. Having the balance sheet sorted and the C&M costs disappear will be a complete game changer here.. just got to hope it all goes through ok.
 
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(20min delay)
Last
61.0¢
Change
-0.015(2.40%)
Mkt cap ! $540.6M
Open High Low Value Volume
62.5¢ 63.5¢ 60.5¢ $1.232M 1.994M

Buyers (Bids)

No. Vol. Price($)
13 36658 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
62.0¢ 39559 4
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Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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