MLX metals x limited
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This is my view where costs go mate. Looks like we have found a...

  1. Cashmeoutside
    3,240 Posts.
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    16/06/22
    09:35
    Post #: 62028379
    This is my view where costs go mate. Looks like we have found a new floor price north of US$30k/t as a bunch of Chinese smelters shut er down as they’re making no money, which for MLX means margins of at least A$20k/t.

    Agree on the buyback - can probably buy the shares at 50c on the dollar - a healthy return with no operating risk (ala Rentails)

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    Last edited by Cashmeoutside: 16/06/22
    MLX Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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54.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $483.0M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 3000 57.0¢
 

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Price($) Vol. No.
51.0¢ 1635 1
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Last trade - 09.42am 25/06/2025 (20 minute delay) ?
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