Nov 26 (Reuters) - Metals X Ltd (MLX) : DECIDED TO IMMEDIATELY...

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    Nov 26 (Reuters) - Metals X Ltd (MLX) :

    • DECIDED TO IMMEDIATELY SUSPEND MINING ACTIVITIES AT ITS NIFTY COPPER OPERATIONS
    • COMPANY IS NOW UNLIKELY TO ACHIEVE ITS PLANNED PRODUCTION AT AN ACCEPTABLE COST WITHIN PREVIOUSLY EXPECTED TIMEFRAME
    • ORE STOCKS WILL BE PROCESSED DURING COURSE OF COMING WEEK
    • BOARD IS REVIEWING ITS STRATEGIC OPTIONS IN RELATION TO NIFTY AND WILL APPOINT EXTERNAL ADVISORS.
    • COMPANY'S IMMEDIATE FOCUS IS TO MANAGE IMPACT OF SUSPENSION DECISION ON EMPLOYEES, CONTRACTORS AND STAKEHOLDERS
    • CO REMAINS IN A SOUND FINANCIAL POSITION WITH ESTIMATED CASH AT END OF NOV OF ABOUT $45 MILLION EXCLUDING CASH BACKED BONDS OF $11 MILLION
 
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(20min delay)
Last
59.5¢
Change
-0.010(1.65%)
Mkt cap ! $527.4M
Open High Low Value Volume
60.5¢ 61.0¢ 59.0¢ $590.4K 983.7K

Buyers (Bids)

No. Vol. Price($)
2 4596 59.5¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 188212 4
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
MLX (ASX) Chart
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