MLX 2.33% 42.0¢ metals x limited

Ann: Change in substantial holding, page-15

  1. 3,055 Posts.
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    Ridiculous comment. Spend the best part of $25m to place in onto C&M and you reckon reopen it a month later given one little jump overnight to US$2.70/lb... They need sustained prices over A$4.50/lb (ie over a 3month period) and about $60m to restart it.

    You always spin BS about copper going to US$3/lb and a meaningful trade deal being struck - with zero basis for that speculation.
    Last edited by Cashmeoutside: 07/12/19
 
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