I appreciate that, but at how high AISC nifty is, Renison would need at least 14kt with tin at over $21000 to not be suicide, because it doesn't really matter how much they produce, if the cost of production is higher than sale revenue - right? I mean, 20kt or 40kt, if AISC is high then it doesn't matter right?
How confidently do you guys believe Renison will continue to grow at 11% production CAGR? Does anyone else but me feel like buying MLX at anything more than 10c is suicide??
MLX Price at posting:
36.5¢ Sentiment: None Disclosure: Not Held
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