I like your optimism Telamelo but 50k a tonne is ambitious for the next couple of years unless there are problems in Indo and/or Malaysia (which is possible). They will be doing their best to keep up with output if tin goes much higher and cap the rise. 27 k per tonne likely next interim target. Even at current price of 25k is great for MLX's cashflow. Todays action was encouraging. Nice trading after the bell to push up to 16c.
cannacord genuity initiates a buy coverage, page-6
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Last
43.5¢ |
Change
-0.015(3.33%) |
Mkt cap ! $390.0M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 43.0¢ | $875.9K | 1.981M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50300 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 1137 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| MLX (ASX) Chart |