MLM - Metallica Minerals LTD

**Dworsf01** · 26-09-2011, 05:55 PM

Even cheaper now. I've been buying, although suspect I'm the only one

What's your take on the current SP, shasta? I realise that the value of the company's listed investments has also suffered in recent days...

**shasta** · 26-09-2011, 09:37 PM

MLM - NTA Update as 23/9/11 (Nb, share price as per close of market Friday!)

MLM @ $0.34 = MCap $45.0m

Cash @ $7.5m

Listed Investments:

MTE @ 60c = $48.0m (Coal)
CBX @ 16c = $4.3m (Bauxite)
PMQ @ 8.2c = $1.8m (Copper/Gold)
ORM @ 10.5c = $1.2m (REE's, & Gold)

Total LI = $55.3m

NTA = 48c (previous week 55c)

Discount to NTA = ~28%

No allowance made for the 100% owned MLM projects, including the very interesting & decent sized*, Nickel, Cobalt & Scandium "Nornico" project

* Nickel 400kt, Cobalt 42kt (90% measured & indicated)

Other 100% owned projects MLM owns that the market ascribes no value for:

1. Zircon, Rutile, HMS project purchased off RIO - (production forecast 2013!)
2. 2 x Limestone & Lime Projects in Qld
3. Ni/Co project JV with MFC

**shasta** · 01-10-2011, 09:49 PM

MLM - NTA Update as 30/9/11 (Nb, share price as per close of market Friday!)

MLM @ $0.29 = MCap $38.4m

Cash @ $7.5m

Listed Investments:

MTE @ 59.5c = $47.6m (Coal)
CBX @ 15c = $4.0m (Bauxite)
PMQ @ 8c = $1.8m (Copper/Gold)
ORM @ 10c = $1.2m (REE's, & Gold)

Total LI = $54.6m

NTA = 47c (previous week 48c)

Discount to NTA = ~38%

No allowance made for the 100% owned MLM projects, including the very interesting & decent sized*, Nickel, Cobalt & Scandium "Nornico" project

* Nickel 400kt, Cobalt 42kt (90% measured & indicated)

Other 100% owned projects MLM owns that the market ascribes no value for:

1. Zircon, Rutile, HMS project purchased off RIO - (production forecast 2013!)
2. 2 x Limestone & Lime Projects in Qld
3. Ni/Co project JV with MFC

**shasta** · 08-10-2011, 11:50 PM

MLM - NTA Update as 7/10/11 (Nb, share price as per close of market Friday!)

MLM @ $0.305 = MCap $40.3m

Cash - est @ $6m

Listed Investments:

MTE @ 66.5c = $53.2m (Coal)
CBX @ 22c = $5.9m (Bauxite)
PMQ @ 8.3c = $1.8m (Copper/Gold)
ORM @ 11c = $1.3m (REE's, & Gold)

Total LI = $62.2m

NTA = 52c (previous week 47c)

Discount to NTA = ~41%

No allowance made for the 100% owned MLM projects, including the very interesting & decent sized*, Nickel, Cobalt & Scandium "Nornico" project

* Nickel 400kt, Cobalt 42kt (90% measured & indicated)

Other 100% owned projects MLM owns that the market ascribes no value for:

1. Zircon, Rutile, HMS project purchased off RIO - (production forecast 2013!)
2. 2 x Limestone & Lime Projects in Qld
3. Ni/Co project JV with MFC

**Huang Chung** · 27-10-2011, 09:44 PM

A couple of updates.

Finance News Network interview with CFO and Director John Haley:

http://www.google.com.au/url?q=http:...AZDBPSkcP0wzSw

Queensland Explorer of the Year awarded to Metallica last night:

http://stocknessmonster.com/news-ite...E=ASX&N=236602

Mining 2011 presentation:

http://stocknessmonster.com/news-ite...E=ASX&N=236596

**shasta** · 13-02-2012, 12:59 AM

MLM - NTA Update as 10/02/12

MLM @ $0.31 = MCap $41m

Cash @ 31/1 = $12m (Cash boosted by the sale of approx 15m shares in MTE)

Listed Investments:

MTE @ 51c = $32.8m (Coal)
CBX @ 12c = $3.2m (Bauxite)
PMQ @ 7.6c = $1.7m (Copper/Gold)
ORM @ 5.1c = $0.6m (REE's, & Gold)

Total LI = $38.3m

NTA = 38c (previously 52c)

Discount to NTA = ~19%

No allowance made for the 100% owned MLM projects, including the very interesting & decent sized*, Nickel, Cobalt & Scandium "Nornico" project

* Nickel 400kt, Cobalt 42kt (90% measured & indicated)

Other 100% owned projects MLM owns that the market ascribes no value for:

1. Zircon, Rutile, HMS project purchased off RIO - (production forecast 2013!)
2. 2 x Limestone & Lime Projects in Qld
3. Ni/Co project JV with MFC

Note. MLM during the 2nd half of 2011 made in specie distributions of CBX & PMQ shares to increase liquidity.

**percy** · 23-06-2021, 10:14 AM

Another dead duck coming back to life.Good fun as they all put in a new board, then have have a capital raise ,where you can back up the truck, as they let you apply for more than your entitlement..lol.
https://cdn-api.markitdigital.com/ap...df02a206a39ff4