5 months ago tin price was $18,000/t. It's now $25,000/t and my charts say it's heading towards $30,000/t. Cash costs now below $13k/t means MLX is making over $10k/t at current prices.
"For the quarter, the Renison Tin Project has produced 1,800 tonnes of tin in concentrate from the processing of 163,213 tonnes at 1.63% Sn. Cash operating cost estimates (C2) were significantly lower at $12,650/t for the quarter."
Hence, 1800 x $10k margin x 50% = $9M or ~$40Mp.a. to MLX.
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $571.7M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 67.0¢ | 64.0¢ | $1.977M | 3.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20702 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 163821 | 3 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |