MLX 3.45% 42.0¢ metals x limited

Ann: Change in substantial holding, page-22

  1. 1,094 Posts.
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    At 50k+ ton, all bets are off.

    AFM, Myanmar, Indo and any other tin pot () miner with a gramme of sn, will feed as much as they can into the market.

    Like a frog in a saucepan, the tin price really needs to execute a gradual increase, and perceive to follow inflation only, simply to stop these surges of excess supply, as the buyers will load up each time there is a notable pullback in price.

    Dunno how that will play out however...

    It would be VERY intriguing if they do stick to their guns however, and Alphamin/Cornish throttle output , in order to extend mine lives.

    $$$
    Last edited by Ronzo1010: 21/06/23
 
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