Todays announcement is a landmark day and signifies MLX as one of the few world class tin miners .Their profits will be in the region of aroungd $100m and a market cap of around $400m makes this a no brainer .They also have $78m in cash ,a world class nickel deposit at Wingellina ,nickel royalties ,that tend to be forgotten ,a highly prospective Phosphate deposit ,and all for peanuts .Also investments in Westgold with its recent bonanza grade drill results ,and Aragon resources .Further upside with the Rentails tin tailings will boost tin output by almost double in the future .
mlx the newest worlsd class tin miner today
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Last
40.0¢ |
Change
-0.015(3.61%) |
Mkt cap ! $362.4M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 39.5¢ | $1.228M | 3.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 130967 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 33798 | 1 |
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| MLX (ASX) Chart |