My thoughts are , that has MLX spun off NC1 to make it a more attractive target for T/O, or to merely simplify their current business plan and lower costs of production, without added costs of goods sold?
With such a tiny MC, and with not even a grader yet to hit the ground, you might assume CR's after CR's will be required to get any of this tenement into production.
OR, is there a close neighbour(s) with the economies of scale to fund said activities?
A major who would find this ground very attractive and a definitive (?) future production forecast??
JV's too perhaps??
My thoughts are , that has MLX spun off NC1 to make it a more...
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Last
10.0¢ |
Change
0.010(11.1%) |
Mkt cap ! $12.34M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 10.0¢ | 9.3¢ | $24.21K | 253.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30888 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 94648 | 4 |
View Market Depth
| Last trade - 11.04am 19/06/2025 (20 minute delay) ? |
| NC1 (ASX) Chart |