MLX 2.27% 43.0¢ metals x limited

tins exceeds $23,000 & results are out!!, page-11

  1. 5,565 Posts.
    lightbulb Created with Sketch. 253
    Metals X have some good grades and being in production should do well over next 12 months or so with the tight tin market.
    Their production costs are holding back their sp though.
    Their isolation being in Tasmania - such a long way from market is a cost impost.

    It had previously been suggested to me to look at metals X but have not really done so until now.

    The question is what will their sp be in 12 months time basis tin market staying on trend - will it double?

    IMO it will not double but still do very well.

    I was staggered to compare metals X chart to KAS and since events of yesterday KAS has really only just caught up The charts are very similar.

    Am pretty sure for any new investors in Metals X they will do very well.

    You already know what my prediction is for KAS sp over next 12 months so no point repeating them.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.