MLX 4.30% 48.5¢ metals x limited

Ann: Appendix 4D and Half Yearly Report and Accounts, page-57

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  1. 596 Posts.
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    What a smash down for tin into 3Q book closing. Feels a bit like someone taking advantage of China being out on "Golden Week" to manipulate prices lower. Nevertheless, according to my LME data, tin averaged A$40,848/t for 3Q. Given that, and the 1.95% measured grade from the "2023 Renison Mineral Resource Update", I'm updating and tweaking my numbers below:

    https://hotcopper.com.au/data/attachments/5619/5619730-bd287368936ada26f21f78e5a59f134d.jpg

    Now why are we at 30c again???
 
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