MLX 2.33% 44.0¢ metals x limited

31-Dec-20.. SP 14cps, book value 8cps 31-Dec-22.. SP 29cps...

  1. 3,070 Posts.
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    31-Dec-20.. SP 14cps, book value 8cps
    31-Dec-22.. SP 29cps (today), BV 35cps

    How did they build BV? Net debt/cash +15cps, PPE +5cps (huge capex), tax loss recognition +4cps, investments +3cps.

    BV completely ignores all the other stuff on the orebody/exploration.. this is getting to no brainer levels
 
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