I dont fully understand the WGR merger as it takes the focus off nickel but that said, MLX isnt your pure mining play as it has always maintained various investments.
Worth a recap from 2007
To understand the upside impact, at the current spot price of US$50,000 the
NPV (8% nominal) – Pre-Tax is A$21.5 Billion with an IRR of 94.8%. On the downside
scenario, a similar estimate of these financial measures at US$15,000 per tonne for Nickel
gives an NPV of A$2.6 Billion with an IRR of 22.2%.
Current nickel price is 17k/tonne.
We know from last year, Samsung C&T was interested, an announcement for this asset will happen eventually. Taking a while!
I dont fully understand the WGR merger as it takes the focus off...
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $394.5M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.5¢ | 44.0¢ | $333.9K | 741.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 173616 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 36214 | 9 |
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| Last trade - 13.36pm 08/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |