I suggest you do some maths based on possible scenarios such as AISC, production rates, metal prices and reasonable PE ratio. My rosy crystal ball says that in 2022 they have a JV partner for NIFTY, production reaches 40k per annum, AISC is $10,000 and copper price is USD8000. Still foggy concerning tin prices.
Can Mlx reach $1 one day, page-5
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Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $399.0M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.0¢ | 44.5¢ | $124.4K | 277.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 189524 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 67305 | 15 |
View Market Depth
| Last trade - 11.40am 01/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |