Mt. Bischoff is the sleeper. Anyway they could transport ore to other co-mills with a gravity plant nearby and transport a rough concentrate to Rension. It's not that far away.
When I've asked about Mt Bischoff before they said it was lower grade than Rension. Guess the sky high Sn price makes the difference. Not a bad idea too. We want to milk the high Sn price not let it rise so high for so long that it incentivises others. That was the challenge to Rentails before.
Even the threat of Mt Bishoff will help deter others thinking they are going to make super profits for say 5 years. That may be the card being played.
All IMVHO.
MLX Price at posting:
36.8¢ Sentiment: Buy Disclosure: Held
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