.Australians biggest tin producer 10000tpa soon to be 15000tpa, also producers 2000tpa of copper.
.$53 million in the bank.
.Tin price near all time high, $24000 a tonne while tin stock piles near all time lows.
.Substantial share holders 75%.
.Mlx owns 20% jabiru metals, (jml) market cap $240 million.
.Mlx owns 32% westgold resources (mco) market cap $110 million.
.Mlx owns 35% aragon resources (aag) market cap $50 million.
.High grade resource soon to be upgraded.
.Advanced talks with major shareholders, APAC resources and chinas biggest nickel producer - Jinchuan Group Limited. Regarding the financing and development of the $2.5 billion Wingellina nickel project, expected to produce 40000tpa of nickel for 40 years.
MLX Price at posting:
24.0¢ Sentiment: LT Buy Disclosure: Held
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