Yep, I've still got a good chunk of MLX. They're printing cash at the current tin price and the recent buy in to First Tin looks to be a decent decision (certainly better than the gold shitco they chipped into last time, presumably at APAC's behest). If it heads above 50c I'll probably start reducing, whist the tin price is great, it's mostly due to political shenanigans in Indo and Myanmar, which could disappear almost overnight. I was hoping we'd get a special divvy at some point, but I doubt that is on the cards with the current board being effectively 75% APAC.
I've been in XAM forever as well, carrying at 2.9c from memory. There's always risk, but the stars are aligning here. Solid copper price and outlook, met looks okay, low complexity and Zijin backing. It's been a long wait, but the PFS is only a matter of weeks now and there's some real potential here as it derisks.
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Open | High | Low | Value | Volume |
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8 | 2665974 | 0.055 |
2 | 507363 | 0.054 |
2 | 174000 | 0.053 |
1 | 100000 | 0.052 |
Price($) | Vol. | No. |
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0.058 | 386471 | 6 |
0.059 | 535947 | 2 |
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