To add to Cashmeoutside's post they have also re started near...

  1. 166 Posts.
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    To add to Cashmeoutside's post they have also re started near mine exploration. Look back at the drill results., other would be tin companies.do not have grades any were near these.

    This stocks price is related very closely to the tin price and that's fair enough as it's a producing asset not a speculative exploration equity. It's a JV so MLX have only 50% influence over any decisions made at the production end and no direct control of operations. Operational companies don't have or need a string of announcements like exploration companies, their quarterlies basically tell you what's happening. If you want to trade short term on a constant news flow, they are not the right stocks to hold. The share price is still more than 3 times what it was when the new Board took over the spike was the tin price not the underlying business.

    Why would they take speculative risk, the one trick pony is making tin and generating cash. Retails will add about 60 % more production at a lower cost than the present operation. It's in a low political risk environment in the proximity of an existing work force and infrastructure. It is sensible to be progressing this rather than chasing. other options. Developing the world's first tin fuming tailings retreatment is not lacking direction or just taking a comfortable path. this would be a very significant new project.

    Brokers won't be interested in them until they need to raise money and they may not need to do this. The Tin market is small and the pool of producing public companies are even smaller i would guess any fund that wants exposure to Tin already has some stock.
 
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(20min delay)
Last
58.0¢
Change
0.005(0.87%)
Mkt cap ! $514.1M
Open High Low Value Volume
58.5¢ 59.0¢ 57.0¢ $2.215M 3.828M

Buyers (Bids)

No. Vol. Price($)
3 253530 58.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.5¢ 137251 3
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Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
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