There were some signs in the last quarterly that things might be improving at Nifty. If Cu exceeds Nifty's AISC (whether due to cost reduction or price increase) I think we'll be looking at MLX $1+ again. MLX has all the new technology *base metals.
The biggest risk is the trade war. It's a real gamble to buy before March - but maybe there is time for a quick trade? You can see how much MLX moves on any good news, and it seems downside risk might be relatively limited (that said, downside can always be 0c!)
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