It's not hard to see why. All you got to do is look at the price of tin, escalating future demand, and the dearth of new supply coming online.
The conveyor belt breaking down was unfortunate, but it doesn't change the basic fact that Rennison is one of the best deposits in the world for a resource facing massive deficits. If the current management team fails to deliver a second time, we (the shareholders) will replace them with new management that can get the job done. The value here is in the resource and the mine; the people responsible for mining it are all replaceable.
It's not hard to see why. All you got to do is look at the price...
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.0¢ | 54.5¢ | $613.2K | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75745 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 48986 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |