I think cash in the bank should be higher than this at EOQ, closing cash of 197.5m, further add from quarterly 'Following quarter end Metals X has received $27.5 million relating to the realisation of balances' + whatever cash increase this quarter after BB and First Tin purchases. We also have a further 2.5m coming fro CYM this quarter. $197.5m + $27.5m + $10m(?) should get us closer to $235m?
MLX Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
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