most importantly they know how to run a mine and a company and how to create shareholder value. Its a pity Peter Cook is retiring as he was instrumental to all of this but having been a holder for 7 years, MLX has managed the circumstances exceptionally.
With regards to the new MLX , i am in the process of trying to establish a P/E for the company however i feel it is around 10 at present. It is not as cheap as TGS or AGO but with an expected 30% uplift in production available (running 2 weeks on 1 week off) at little to no cost along with a rising copper price, the market really should be pricing a 15-25 PE Range.
Most importantly they know how to run a mine! Tin and tin prices another aspect. Nickel is great but too many unknowns for the market to give it a value.
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MLX
metals x limited
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0.93%
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54.0¢

most importantly they know how to run a mine and a company and...
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Last
54.0¢ |
Change
0.005(0.93%) |
Mkt cap ! $485.2M |
Open | High | Low | Value | Volume |
53.5¢ | 56.0¢ | 53.5¢ | $735.0K | 1.340M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 66337 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
54.5¢ | 9323 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 66337 | 0.540 |
10 | 99455 | 0.535 |
17 | 200794 | 0.530 |
6 | 201000 | 0.525 |
19 | 226320 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.545 | 9323 | 1 |
0.550 | 15138 | 1 |
0.555 | 75138 | 3 |
0.560 | 114747 | 3 |
0.570 | 74929 | 2 |
Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
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