mlx is below cash and plant value ! What are you talking about . There is no Miners that I know of in a safe country ,that have low cost ,long life reserves and another $50 bn metal deposit with a very positive feasibility .Give me a few names and I will invest in them .Guaranteed there will be some problem ,like high mining costs ,or in deepest darkest Africa .Check out MBN ,which is also underpriced and have a wonderful Nickel deposit .Their market cap is much higher and wont begin mining till next year .A quick read of MLX last announcement shows the quality of this mining company and the quality of their assets that has simply not been recognised .You cant compare this to most of the gold mining Junk out there .The ASX is littered with gold miners that have failed .There are very few large or small gold miners that have made money in Aus in the last 5 yrs ,and I have given up on them .
MLX Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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