Destria, my points are: a) of the gaggle of Sn explorecos which will be best in breed, ie. most profitable path to production, and; b) a further strategic investment in the Sn space (an exploreco) in order to complement my MLX investment, this is sometimes known as a "barbell strategy," producer + exploreco.
The search for that other piece of the strategy by nature highlights the solid stature of MLX, eg. positive cash flow from production (a subtle ramping of MLX contrasted with the perpetual cash raisings, studies, drilling, etc of the exploreco universe.) Drilling euphoria, sometimes justified, is the motivation to buy a junior.
I was wondering what others thought.
Apologies for any confusion.
OV
Tin Today Explorecos When?, page-3
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MLX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.0¢ |
Change
-0.010(2.27%) |
Mkt cap ! $385.5M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.0¢ | $429.8K | 988.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 201402 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 23408 | 4 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |