Remind me when New Century deal with Goro nickel failed. Mr Market didn't like. Nickel fans exited. Then when the dust settled, apure zinc player appear. And Mr Market liked it
Here copper fans and Nifty sale speculators are exiting. Soon (or not) Mr Market will see a pure tin player in a top jurisdiction. Concerning nickel project, it's a more complicated. Good optionality but no effect on the share price i guess. Spin-off, farm-in agreement could be solution to unlock value. An nickel is on fire so it could be the right moment for this move.
MLX Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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