Lance I believe, like chris6, and within the likely T/O scenario we appear to be witnessing, maybe c.40+c My long term, and reason for accumulating in the past, is that it has upside of 60cents should Nifty become CF positive in the near term. If achieving near potential, and better base metals prices, further upside. Positive Trade war news before a T/O move may cost more than low 40s. for the offer to succeed. There would be many holders holding at >40c is my belief. Negative outlook... who knows? Stand-off - here we build. Just my feeling about matters.I have not undertaken any value analysis because of the quantity of known and unknown , unknowns. GLTA Incidentally I never received the personalised touting by ‘phone from APAC and I have several hundred K. Did they see my vote on Res 6?
MLX Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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