While POT may see a blow-off top > US$50k/t it probably won’t make much of a difference to MLX’s intrinsic fair value. The top will probably be short lived which will make for a nice quarter of peak earnings. Unfortunately it seems you cannot lock in those prices via forward hedges. So for long-term earnings it’s better to look at POT in US$30-35k/t range.
Discussion on SP, page-19
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Last
44.0¢ |
Change
-0.005(1.12%) |
Mkt cap ! $394.5M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 44.5¢ | 43.5¢ | $493.7K | 1.121M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34077 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 94943 | 2 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| MLX (ASX) Chart |