MLM
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4.76% 2.2¢ metallica minerals limited

MLM: 128,777,710 Shares (post rights issue) x .425 = Market Cap...

  1. Bullion Baron
    2,755 Posts.
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    18/07/11
    14:26
    Post #: 8689689
    MLM: 128,777,710 Shares (post rights issue) x .425 = Market Cap $54.7m

    Their MTE holding alone is: 80,000,000 shares x .81 = $64.8m

    MLM is trading at a 15% discount to the value of their MTE holding, let alone their approx $10m in cash and another $10m odd worth of other holdings and 100% ownership of Nornico Project...

    I understand the reason for the drop, but MLM is still hugely undervalued at this point.
    MLM Price at posting: 34.1¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
2.2¢ 		Change
0.001(4.76%) 		Mkt cap ! $21.11M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $45.92K 2.087M

Buyers (Bids)

No. Vol. Price($)
1 234141 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 563000 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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