Financial SummaryBalance SheetAt March 31 MLX had cash on hand...

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    Financial Summary
    Balance Sheet
    At March 31 MLX had cash on hand of $5.2M with debt of $12.5M including a related party loan of $7.3M. Subsequently MLX has raised $32.7M through a placement to Jinchuan (117M shares at $0.28).
    Earnings
    The restart of Renison is expected to have a significant impact on group earnings. Renison is projected to add ~$60M in EBITDA which could lift mid term group earnings toward $80-100Mpa (Figure 8). Key risks to this assumption are tin prices and meeting production targets. Earnings could continue to grow with eventual contribution from Rentails ($30-$50M) and Wingelina. In our assumptions we assume MLX utilises some $60M in tax losses.
    Funding
    MLX should be well funded for the anticipated restart of Renison budgeted at $25M with a healthy cash position and existing cash flows. Further, in the money options are expected to raise some $40M in coming years. While group cash flows are expected to build it is likely that future growth projects such as Rentails (~$60M) and Wingellina (potentially $2B) will require additional funding. MLX may well seek a partner for any Wingellina development.
 
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(20min delay)
Last
62.5¢
Change
-0.030(4.58%)
Mkt cap ! $553.9M
Open High Low Value Volume
66.0¢ 66.0¢ 61.0¢ $2.280M 3.628M

Buyers (Bids)

No. Vol. Price($)
4 86376 62.0¢
 

Sellers (Offers)

Price($) Vol. No.
62.5¢ 180867 5
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
MLX (ASX) Chart
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