biggest and possibly richest tin mine on asx, page-3

Mike,

MLX, one of only three companies in the world to supply across all world markets. 3.5% of the global supply of tin comes from MLX.

There is only 2 and a half weeks of global supply of tin left. MLX is currently supplying into that market. It is a current producer. While KAS is not a producer and will not produce for 4 years, MLX can ramp up production and HAS DOUBLE THE GRADE of KAS at 1.77% tin + reserves + a world class multibillion dollar mine at Jabaru thrown in. MLX also has more tin.

MLX has market capital of 170 million and has 2.5 times the earnings of KAS. And MLX is at .8c cost.

It would cost KAS about $60million to buy new plant.

MLX is currently working with overseas companies to increase production through acquisitions.

Want more? MLX also has 32% ownership of Westgold.

MLX has a coming announcement on increased reserves (a reserve upgrade). That will be followed by a quarterly.

Want even more? That will then be followed by a substantially robust project in Wingellina which MLX has 100% ownership of with 165 million tones. $3.5billion. A 60 year project.

Kas has no earnings and a MC of 64million. 2.2mt indicated resource with 7million tonnes reserves at .8% tin compared to 1.7% tin in more reserves for MLX.

If you know what is happening to the price of tin, and you know that this is the time to buy into tin, then MLX is the stock to be in.

NM