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41.5¢ metals x limited

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arsenic

15,490 Posts.

1398

14/10/21

17:46

Post #: 56806892
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Originally posted by geospud: ↑

Haha, the thesis is a bit long. Bit the AGSO paper is really good. My first published paper back in 94 was on a amphibolite/granulite facies metamorphic terrane in North Carolina. So conceptually I get it most of the stuff. I am mainly interested to see if they can expand this project significantly. Based on my understanding of the earnings, why is the P/E ratio so small? Around 4. Low PE stocks usually reflect a company that isnt growing fast or at all. You could argue that is the case with Renison. Looking back at the historical production...the mine's output has been consistently at 5-10 thousand tonnes per year for many years now (if I remember correctly). That is not great growth. So if output is not growing, then we need to hope that the tin price grows a lot...

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Don't know why the P/E is what it is. I'm just holding it as it suits my style of deep value.

MLX Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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Last 41.5¢		Change -0.010(2.35%)		Mkt cap ! $380.6M

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42.0¢	43.5¢	41.5¢	$399.6K	939.9K

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Price($)	Vol.	No.
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