MLX 0.60% 41.8¢ metals x limited

Strange happenings in the gold and silver prices. But atleast...

  1. 643 Posts.
    Strange happenings in the gold and silver prices. But atleast AUD fall offsetting some of the fall.

    Having read the investor presentation and historical production of the company I am a bit curious as to why the SP hasn't done a lot more. No debt, good cash flow, low production cost of gold compared to peers, with good potential.

    I see they have expansion plans $180m $120m but seemed to be pretty well funded/serviced from cash flows, should be low risk there. So I am missing something regarding the lack lustre SP??
 
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41.8¢
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Mkt cap ! $380.6M
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41.5¢ 42.5¢ 40.5¢ $457.8K 1.105M

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