Just a quick thought, need to go back over reports, but MLX were required to pre arrange prices on forward market for tin by the lenders of the $35m. The prices are quite a bit above current spot from memory. Also, copper forward sold at a higher price which can now be bought on market and sold into the contracts at a good profit. Recall any details anyone? A few mill profit here, few there, it adds up.
MLX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
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