Agree market cap is the only sensible way to value a company, thats certainly true. At a 48M market cap though you certainly couldn't label MLS as expensive.
They are sitting in a position with having prospects in three in demand commodities at the moment - U, Zn and Ni. Even if only one of these come off (and anyone who has done their research would suggest both the Zn and Ni are almost done deals in terms of being viable) the sp will at least double.
I know there are people whinging about MLS on here in terms of what they are up to - seems though they are progressing well with their two target areas and the jv is moving along as well. Expect the next few months to bring a stream of news which will see the sp climb. I've certainly topped up at these levels and now hold a significant stake in the firm.
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.54M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $17.63K | 881.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27347 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 481251 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1448681 | 0.019 |
7 | 924793 | 0.018 |
4 | 1131953 | 0.017 |
4 | 305437 | 0.016 |
2 | 867466 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 481251 | 2 |
0.022 | 912908 | 5 |
0.023 | 274553 | 5 |
0.024 | 278137 | 1 |
0.025 | 311782 | 3 |
Last trade - 13.13pm 23/08/2024 (20 minute delay) ? |
MLS (ASX) Chart |
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