This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

MLS - Metals Australia

Jump to new
Really? Any idea when we can expect another ann?
 
Latest drilling data is being interep'ed at the moment.

As soon as that is done there will be a further annoucement
 
good volume and solid buying today

looks like a lot of accumulation has been going on the past few days

gearing up for the next rise - all the signs are pointing to a push into the high 3's next week - looking good
 
imajica said:
good volume and solid buying today

looks like a lot of accumulation has been going on the past few days

gearing up for the next rise - all the signs are pointing to a push into the high 3's next week - looking good
Click to expand...

i agree..moving up slowly, with buyers building up, now where's the next set of drilling results?
 
I like the look of this one so I went in today.



Can I ask how you came to 1/2 a billion $? I'm a newb so I've probably got this wrong but:

1,052,640 t
7.64% yield
-------
80,422 zinc yield
-------
4,300 zinc price p/t in US$
-------
345,813,293 value in US$
-------
0.77 ex rate AU$/US$
-------
262,818,103 value in AU$


Looks like a quarter of a billion to me. I'm probalby wrong because I honestly know crap all. Having said that could you please show me how to calculate it properly?


240
 
You have converted the amount into AUD incorrectly, $1 USD = $1.30 AUD, it comes to around $450m if it is calculated this way.
 
Too true. Thanks.

1,052,640 t
7.64% yield
-------
80,422 zinc yield
-------
4,300 zinc price p/t in US$
-------
345,813,293 value in US$
-------
1.33 ex rate AU$/US$
-------
459,931,680 value in AU$


240
 
can i ask a simple question please...

when a report says "2.4m @ 12.75% Zinc from 163.52 meters" what does it mean exactly?

cheers
240
 
two40 said:
can i ask a simple question please...

when a report says "2.4m @ 12.75% Zinc from 163.52 meters" what does it mean exactly?

cheers
240
Click to expand...

ok two40..im no mining expert, but im pretty sure it means: from a depth of 163.52 from the surfance, there is a 2.4m (presumably from depth of 163.52m to 165.92m) mineralisation with a grading of 12.75% Zn
for those mining gurus correct me if im wrong
 
price remained solid at close - 3.4c

closing higher is a bullish indicator for the rest of the week
 
With solid buying volume, hope tommorow stay up on 3.4c, and building up price next.
 
Break through 3.4 on solid buying, and more than 3mil. buying on 3.5 c.
MlS will fly.
 
johnmwu3 said:
Break through 3.4 on solid buying, and more than 3mil. buying on 3.5 c.
MlS will fly.
Click to expand...

yep, strong afternoon buying, and pushing 3.7c, it's ready for take off good performance today considering the all ords is down 31.9
 
johnmwu3 said:
Break through 3.4 on solid buying, and more than 3mil. buying on 3.5 c.
MlS will fly.
Click to expand...

I'm very happy to see this moving on no ann in this market! Agree that there seems to be good support for 3.5 for the time being.
 
solid bullish close with some strong afternoon buying (nice big 1/2 - 1 million share orders) - could there be an announcement soon?

it is a strong indicator for further price appreciation tomorrow - will we see 4 cents tomorrow? I believe we might
 
You must log in or register to reply here.

Similar threads

VGN - Virgin Australia
Replies
10
Views
1K
Dona Ferentes
R
HMY - Harmony Gold Mining Corp (NYSE)
Replies
2
Views
1K
rcw1
R
4 reasons why the ASX 200 will struggle in September
Replies
8
Views
354
DannyB0000
August 2025 DDD
2 3
Replies
54
Views
7K
ducati916
B
Switching options in super
Replies
6
Views
2K
qldfrog
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...