the volume and increase in sp suggests that August production is good. If thats the case and they can do the same in september then MLI will be re-rated.
Estimated profit on 45,000 oz is $14M giving them P/E of only 5. At some time soon the market will begin to factor in the expansion to 100,000 oz + and if POG increases as the pundits suggest, then it will look very promising
the volume and increase in sp suggests that August production is...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.0M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.4¢ | $95.06K | 3.804M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 807506 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 11602 | 1 |
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| LRL (ASX) Chart |
Day chart unavailable