From memory MLX wanted to be sure the Sn price would stay above $25,000/t to justify Rentials start. What this means is they will take till 2023 be sure the Sn price will stay up where it is, through the altered supply-demand brought on by the current high spot price. Then pull the trigger. Pretty sure the trigger will be pulled. Of course there will be competing calls like those based on the success of CYM etc.
All IMVHO.
MLX Price at posting:
24.8¢ Sentiment: Buy Disclosure: Held
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