There are other mining companies with the same problem of having a resource with a lower metal content and lacking a rich lode to balance the mill feed input. I agree with you that MLX has prudent management and I feel that this capital raising will undoubtably benefit all in the mid to longer term. Management have stated where they intend using the funds and one of those considerations - exploration may hopefully find some better enriched deposits.
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MLX
metals x limited
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54.3¢

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Last
54.3¢ |
Change
0.008(1.40%) |
Mkt cap ! $483.0M |
Open | High | Low | Value | Volume |
53.5¢ | 56.0¢ | 53.5¢ | $601.7K | 1.095M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 80958 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.5¢ | 19232 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 79585 | 0.540 |
18 | 170412 | 0.535 |
22 | 257235 | 0.530 |
9 | 322035 | 0.525 |
22 | 613479 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 7505 | 6 |
0.550 | 105524 | 13 |
0.555 | 137073 | 11 |
0.560 | 237584 | 8 |
0.565 | 383432 | 3 |
Last trade - 14.53pm 02/07/2025 (20 minute delay) ? |
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