MLX 3.41% 45.5¢ metals x limited

Ann: Investment in First Tin Plc, page-55

  1. 3,800 Posts.
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    All good points, but not likely to see a massive increase in profits this quarter imo. The last quarter was poor production wise, but cashflow was actually quite good as they sold a quantity more than they produced. Revenues can be lumpy depending on production / how much sold / when revenue is received and what % they get.

    But the buyers were very keen today (line wiped 50c at close) and I'm assuming some sort of positive news is close.
 
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