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Financial Reports of Metals X Limited in 2014

  • Monday, March 23, 2015
  • Source:ferro-alloys.com

  • Keywords:nickel Metals X
[Fellow]Metals X Limited is an Australian based diversified metals producer and explorer, which operates in three divisions, representing the three priority metals: gold, tin and nickel. The

[Ferro-Alloys.com]Metals X Limited is an Australian based diversified metals producer and explorer, which operates in three divisions, representing the three priority metals: gold, tin and nickel. The Company’s nickel assets include the massive Wingellina Nickel Project, one of the world’s largest undeveloped nickel-cobalt limonite deposits.

The following form was the financial highlights in half 2 of 2014(2014/2015 FY).

Key financial highlights for the half 1year of 2014(2013/2014 FY)compared to the previous year were:

Revenue of $238.6M, up 247%

• EBITDA of $71.7M, up 679%

• Profit of $37.4M, up 332%

• Net Operating Cashflow $73.4M, up 640%

• Return on Equity of 14.5%

• Net Cash at bank at 30 June 2014 of $57.1M

• Cash and Working Capital at 30 June 2014 of $80.3M

• Net Debt Nil

• Net Assets increased to $311.7M, up 14%.

  • [Editor:Juan]

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