MLX 4.49% 42.5¢ metals x limited

Tin price, page-90

  1. 1,118 Posts.
    lightbulb Created with Sketch. 65
    I'm confused. why would you suggest a correction to the published financial accounts and put it out of line with accounting standards, and contravene the corporation law? the annual financial accounts do amortise the mine development costs. refer to note 20. you will also see this in the half yearly due to be released next week.

    or are you referring to the quarterly? the quarterly is not a financial account / report so it's not meant to follow accounting standards - so the 100% write off of mine development costs is perfectly normal and as per industry standards. a correction back to your method albeit not illegal, would put it out of line with industry standards.
    Last edited by 043110: 19/02/21
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
42.5¢
Change
-0.020(4.49%)
Mkt cap ! $385.1M
Open High Low Value Volume
44.0¢ 44.0¢ 42.5¢ $581.8K 1.352M

Buyers (Bids)

No. Vol. Price($)
4 13883 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 34310 3
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.