I like MLX-I bought more today. Over the next 3 months the new producing gold mine coupled with the additional ore 100 klms away will bring a massive increase in positve cash flow to the bottom line. Over $70 million in cash- no debt- 2 gold mines producing approx 38,000 ozs a qtr-Tin with positive cash flow- Enormous nickel holding with Samsung footing the bill (30% nett for MLX). When RDR bought the gold mine for $35 million it was a steal- then MLX bought it for a song -I think this mine produced over 20,000 ozs Dec 2013. So by buying the RDR mine a mth ago, for approx 10 Million, MlX added approx $100 million in assets for $10 million and thats not counting the 3.5 million of gold in the ground. I tell you I like it. Dont hold me to exact figures- check them yourself .
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $362.4M |
Open | High | Low | Value | Volume |
39.0¢ | 40.5¢ | 38.5¢ | $1.265M | 3.199M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 140053 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 302007 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 140053 | 0.400 |
2 | 47539 | 0.395 |
2 | 120000 | 0.390 |
4 | 232811 | 0.385 |
5 | 111313 | 0.380 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 302007 | 9 |
0.410 | 247820 | 7 |
0.415 | 162844 | 7 |
0.420 | 100197 | 3 |
0.425 | 115000 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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MLX (ASX) Chart |