MLM
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0.00% 3.4¢ metallica minerals limited

MLM vs DRX, page-2

  1. Azzies
    577 Posts.
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    30/11/20
    12:29
    Post #: 49235288


    DRX ASX 9/10 announcement indicated a projected annual operating margin of $37M for 750Kton production = $49 ball park per ton so based on that and take the assumption our cost will be same - probably lower due to DRX trucking cost - our MLM 12.5Mt = $ 616 million over resource lifetime. DRX cap 2.5 billions vs MLM 324.5 Million, ( based on 146,048,867 top 20 = 45.07% ) I know where I'd rather be and am.
    Last edited by Azzies: 30/11/20
    MLM Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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