k.l. tin , page-4

  1. 805 Posts.
    13/01/2011 US$26,900 per ton.

    Just google kl tin ....top of page, user friendly site.

    Thing is, that ; last quarterly report (Sept), MLX sold their tin for $22,650 after costs of $13,785 for profit of $8,865 (per ton)...... this last quarter, I expect @ $26,500 would leave profit of $12,715, or near 50% increase, quarter on quarter.

    Seems MLX times the sale to get the best price, at least September qrtr to average $22,650 indicates the bulk of production was sold late in the quarter ....an advantage of having adequate cash reserves.

    Anyway 50% profit increase, quarter on quarter is my tip.
 
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