“Wingellina remains as one of the world’s largest undeveloped nickel, cobalt and scandium deposits. We already have the approvals and a reserve that is sufficient in scale to support decades of production. As with other similar projects, we are able to utilise resins for extracting and recovering cobalt and nickel to produce nickel and cobalt sulphates for battery manufacturing. The main differentiating feature with Wingellina is the grade is higher and the resource is significantly larger than most cobalt-hosting projects currently being touted in the market.”
The market is steadily reacting to this. Considering the amount of "blue sky" in some junior mining companies in the space above, the fact that MLX is a diversified producing resource stock already and how tightly this stock is held, I'm really looking forward to the ride.
One thing I learnt from the last mining boom is to get in early on the companies already or close to mining. MLX fits the bill perfectly.
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Last
47.0¢ |
Change
-0.010(2.08%) |
Mkt cap ! $421.4M |
Open | High | Low | Value | Volume |
48.0¢ | 49.3¢ | 46.5¢ | $1.229M | 2.586M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 84330 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.5¢ | 375 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 84330 | 0.465 |
4 | 81580 | 0.460 |
2 | 60000 | 0.455 |
10 | 239170 | 0.450 |
2 | 25150 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.475 | 375 | 1 |
0.480 | 83277 | 4 |
0.485 | 32800 | 4 |
0.490 | 100000 | 1 |
0.500 | 150000 | 3 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
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MLX (ASX) Chart |