Perhaps MLX and Renison could use some of the cash pile to buy the VMS tin operations. One quarter of free cash flow would be more than enough. Only have to truck the ore to their existing infrastructure a few kilometres up the road. They have the experience and expertise to rapidly bring Lindsay into operation. VMS would then be cashed up to pursue their west Australian opportunities.
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Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 40.5¢ | $591.9K | 1.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 225200 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MLX (ASX) Chart |