MLX 0.00% 45.0¢ metals x limited

Current assets 193m. (Incl 143m cash)Increased cash for the year...

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    Current assets

    193m. (Incl 143m cash)

    Increased cash for the year 29m

    • annual report as at 31 Dec


    $37,063 per ton AUD received last quarter

    1,357 tonnes last quarter as our share of production


    Assuming the same costs we can make a rough calculation on the increased revenue and cash flow per quarter


    Todays price US $32,900 is $50,536 AUD

    $13,473 increase in revenue per ton sold

    X 1357 ton

    $18.2m AUD increased revenue

    X4 quarters

    $72.8m increase annually putting increase in cash balance around $100m p.a


    With 143m in cash and possible 100m+ p.a increases our war chest of cash is set to rise rapidly


    Let’s hope the tin price remains long and strong!


    Good luck all patient holders - do your own maths and make your own decisions

 
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