Lets no lose sight of the fact that currently MLX is a cash printing machine Has a 10 year plus miine life A great growth project that is ESG friendly Is mining a high grade zone for a few years the Tin price in AUD is robust the Tin LT fundamentals look solid the biggest objection held by insto money has been laid to rest
Over the last few months i have spoken to existing insto investors Past insto investors and prospective insto investors. Every single one said clarity on capital management was what was holding them back I do think this will attract a lot more insto money over the coming months and will soak up OP quickly creating further upside momentum This should go into mid 40s medium where it belongs and higher with Rentails progress
MLX Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
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