MLX 4.40% 43.5¢ metals x limited

Ann: Quarterly Activities Report, page-100

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 424 Posts.
    lightbulb Created with Sketch. 52
    Hi Roye,

    Thanks for your great post. You've just picked up a careless oversight I made with my calculations, whereby I was using everything in USD, except MLX lists their AISCs in AUD. After correcting these numbers, it looks like MLX is probably a buy at these levels because all they need is to reduce their AISC by a little bit, and have Cu spot price go up a little bit:

    https://hotcopper.com.au/data/attachments/1433/1433335-ed530ec45ae490d32be80af062f64245.jpg
    Will research the company a bit more, but am changing my sentiment to buy.

    Cheers,
    SB
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
43.5¢
Change
-0.020(4.40%)
Mkt cap ! $398.7M
Open High Low Value Volume
45.5¢ 45.8¢ 43.0¢ $1.862M 4.217M

Buyers (Bids)

No. Vol. Price($)
2 76054 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.0¢ 9761 2
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.