In other words - MLX transferred their Cupric Holdings trust account to CYM and has a free hold exposure to Copper thru their options.
NICO is just an exploration arm of MLX making them a pureplay Tin producer in the southern hemisphere.
Similar stratergy to when they initially split MLX into base metals and precious metals arm when Peter Cook took over the directorship of Westgold and left the base metals arm i.e the MLX we know today to Warren Hallam.
MLX on Talk Ya Book, page-11
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Last
43.0¢ |
Change
-0.005(1.15%) |
Mkt cap ! $389.6M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.0¢ | $1.203M | 2.747M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 150551 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 12636 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
43.0¢ |
Change
-0.005 ( 1.13 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.0¢ | 875975 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| MLX (ASX) Chart |