MLX 2.33% 44.0¢ metals x limited

Just be careful trying to compare the two as AFM and MLX report...

  1. 3,070 Posts.
    lightbulb Created with Sketch. 1857
    Just be careful trying to compare the two as AFM and MLX report AISC differently. The key difference being smelter charges. When the mine sends a concentrate to the smelter to be refined into tin ingots for sale - the smelter charges a fee (ballpark 10% of sales price so $2,200/t here). For MLX they treat this as a revenue deduction (you see it in revenue) whereas for AFM they treat it as a cost. So MLX’s AISC excludes any smelter charges.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.