Whilst MLX does not produce nickel, the nickel price is relevant to the share price right now as the feasibility study for Wingellina is due out this month. Therefore we want the nickel price to be strong as it enhances the feasibility of Wingellina. If it falls too far it could make Wingellina not feasible and the sp will tank cccchhhhhhhhhaaaaaarrrrrrrddddddd, even though it is already arguably cheap on the tin assets alone.
Good close today, will sleep better tonight.
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Last
68.5¢ |
Change
0.010(1.48%) |
Mkt cap ! $607.1M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 69.0¢ | 66.0¢ | $1.052M | 1.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 53369 | 2 |
View Market Depth
| Last trade - 16.11pm 16/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |