Metals X Limited (ASX: MLX)

Company Profile: Metals X Limited (ASX: MLX) is a base metals producer with multi-commodity production from quality ore bodies in a tier 1 jurisdiction and is thus a diversified miner, developer and explorer. The group’s key assets include the world class Wingellina Nickel-Cobalt Project. The company is targeting around 40ktpa copper production rate at Nifty Copper Operations by end 2018, which will transform MLX into an Australian copper producer of significance. The company has no corporate level bank debt and has substantial cash resources (post Placement) positions.

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6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

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