I'm assuming that's the price we are selling into as a producer so the benefits of this spike should be substantial!
I haven't found anything anywhere saying we are "locked into" any set selling price contract so the recent rise from around $21,000 to over $24,000 should produce a great quarterly at the end of October.
Given MLX produce about 1,500t per qtr, that's an extra $4.5 million profit for the quarter.
Given the June qtr only produced a Cash Operating Surplus (EBITDA)of $2.6m, we can expect a big % increase in profit to be announced (2.6 to 2.6+4.5 = 270% increase!)
I'm assuming that's the price we are selling into as a producer...
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Last
59.5¢ |
Change
-0.030(4.80%) |
Mkt cap ! $527.4M | |||
| Open | High | Low | Value | Volume |
| 62.0¢ | 62.8¢ | 59.0¢ | $1.780M | 2.944M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2750 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 7033 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |