been wrestling with this last day and a half. Im still long tin.
Market was tight before Bisie went. Its still a long road for drc to get stability. I think myanmar will also disapoint. Further, starting to look like indo might be waning.... the crackdowns on illegal mining starting to bite. Tin is a bloody interesting commodity folks. As a geologist i have to come back to the nature of these deposits. We have gone from a world of cheap near surface alluvial deposits ( if it wasnt for myanmar price spike 10 - 15 years go) to one that needs to come from increasingly difficult and expensive deposits. Mlx has some organic and inorganic growth from a very good base.... as long as demand remains reasonable (dont see people giving up on their electronics and electrification).
keen to hear others view.
MLX Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
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