MLX 5.26% 36.0¢ metals x limited

Ther're not crazy, looks good if a Director buys, helps preserve...

  1. 4,626 Posts.
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    Ther're not crazy, looks good if a Director buys, helps preserve salary and job, (the GIF is a little annoying as I type) as well as possibly showing confidence in value increase. By the number of posts CashMO you would know this.

    The sell down looks overdone (?), Renison tin and Area 5 market cap $70M, like the turn around story to at least 12c or $100M based on potential earnings, Tin price well below LT average, expect small increases next year from reading net (broad group of forecasters), gathering a little pace towards the end 2020. Tin mines in China are under scrutiny for safety concerns some market loss possible, Indonesia probably has a bit more capacity to balance out. Reserve $ with recent cap raising and loan facility is great. Don't mind the influence of APAC, and their self interest in getting the SP up to their purchase price hopefully .
    Last edited by trousergecko: 02/01/20
 
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Last
36.0¢
Change
-0.020(5.26%)
Mkt cap ! $326.2M
Open High Low Value Volume
38.0¢ 38.0¢ 36.0¢ $736.9K 2.010M

Buyers (Bids)

No. Vol. Price($)
9 615495 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 31152 1
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Last trade - 16.10pm 08/08/2024 (20 minute delay) ?
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