Depends on the tin price? The plant at Rosebery is 100% occupied,and processing a much higher grade. But MLX owns only half of it now. If MLX bought it it would own 100% of Heemskirk.They know the tin business. There are 78k tons there/$3 bn at curr prices. What if tin headed towards $50k? $60k? Its increasingly difficult to source, and the semiconductor market etc looks pretty solid longer term.
TAM Investment Research- re MLX investment., page-11
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.5¢ |
Change
0.020(4.40%) |
Mkt cap ! $430.4M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 48.0¢ | 46.0¢ | $796.4K | 1.686M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 74902 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.5¢ | 3748 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
|
Last
47.3¢ |
Change
0.020 ( 4.33 %) |
||||
| Open | High | Low | Volume | ||
| 46.5¢ | 48.0¢ | 46.5¢ | 387650 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| MLX (ASX) Chart |