MLX 2.06% 49.5¢ metals x limited

Ann: Nifty Reset Plan, page-44

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  1. 4,029 Posts.
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    Looking at it from an eagle eye view. It is indicated by production, increasing grade in Area 5 now starting, and a steadily climbing tin price resulting from worldwide reserve depletion and lack of any discoveries of scale deposits, and demand for electronics and electric vehicles, that Renison is going to be generating much higher returns. Copper is in a low period, but promises to climb if electric cars get traction. 77kilos per car. Motor etc. Rentails is low risk and highly bankable if established, for 10 years. Perhaps a street smart strategy would be to put very troublesome Nifty on C&M for a few years, while continuing exploration drilling, and save most of the profits from Renison to kick off Rentails. 'Tails is low risk, high reward. Restart Nifty when copper prices have a sustained improvement. There will be any amount of cash available once Tails is running to do that.
 
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49.5¢
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