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Westgold chairman Michael Atkins, and the Central Murchison pit in the Mid West.

Westgold, Metals X announce $330m merger plan

Tin producer Metals X and gold miner Westgold have announced a merger plan to create a $330 million diversified resources group.

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Metals X (MLX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/04/18

1 year TSR5 year TSR
189thWestern Areas58%6%
279thRamelius Resources30%21%
341stSilver Lake Resources19%-12%
395thMetals X8%14%
475thDoray Minerals-2%-11%
721 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/05/18
$200k Bought
30/11/17
$0 Issued
30/11/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

17th↓Metals X$279.8m
18th↑Western Areas$250.5m
20th↓Silver Lake Resources$227.5m
22nd↑Ramelius Resources$199.1m
23rd↑Doray Minerals$183.0m
506 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Metals X

156thWarren Hallam$614k
288thPaul Hucker$421k
309thFiona van Maanen$393k
Ranked by total remuneration from all listed WA companies

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