probably need to justify my comment.After taking into account cash and investments in other companies like Aragon and Westgold ,MLX would be on a PE of about 2 for a long life Tin producer .Then there is their huge nickel asset ,and phosphate assets and growth with their tin tailings project that will increase production by 50% soon .Nowhere can you find something producing hard cash with low cost of production ,thats not going to go broke for any where near these prices .They will make more money than Minara next year .Its time for the market to wake up .
mlx is the cheapest miner on the asx , page-2
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Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $380.6M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 42.5¢ | 40.5¢ | $591.9K | 1.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 246 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 225200 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MLX (ASX) Chart |