I think there has been no attempt made now or in the past...

  1. 16,717 Posts.
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    I think there has been no attempt made now or in the past misrepresent the fact that MLX has a lower proportion of reserves to resources then other major miners. The very fact you point it out from the presentation shows it's out there. If you think it's a problem don't buy it short it or make pithy (I think I spelled that right) comment. However, the last bits of you comment are representative of someone with an axe to grind.
    In general terms of converting resources to reserves. Usually with extra delineation drilling the grade of the resource generated rises and the amount of ore thus delineated falls.
    The fund managers have approached MLX to generate a another diversified gold company that aspires to be a major. What you see is part of the process. In terms of 'giving you comfort', I don't think that's either possible or desirable.
 
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(20min delay)
Last
54.5¢
Change
0.010(1.87%)
Mkt cap ! $478.6M
Open High Low Value Volume
53.5¢ 56.0¢ 53.5¢ $584.8K 1.064M

Buyers (Bids)

No. Vol. Price($)
22 82128 54.0¢
 

Sellers (Offers)

Price($) Vol. No.
54.5¢ 41420 11
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Last trade - 14.43pm 02/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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