MLX 1.25% 40.5¢ metals x limited

Ann: Execution of A$35 Million Loan Facility Agreement, page-16

  1. 265 Posts.
    lightbulb Created with Sketch. 42
    Hmmm I wonder if plan should be to
    a) turn Nifty around
    b) drill some exploration holes in Paterson and make some discovery (however uneconomic)
    c) sell it to the Chinese and get back at least 15cps plus debt - I’d settle for that

    then get tin for free

    meanwhile in the background, plug away at the Int Tin Association and research analysts how much Tin is a metal of the future like Nickel with huge demand growth - so that this stock behaves like the nickel producer stocks have recently - ie it goes up not continually down
 
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40.5¢
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40.5¢ 41.0¢ 40.0¢ $506.9K 1.251M

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41.0¢ 177718 6
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