We had the fortune of the USD arb containing losses so far, however the DXY shows a swing to the negative, so this adds more pressure on costs and performance, unless Australia somehow manages to extract itself from the inflationary loop, which is highly unlikely.
The drive has to be with major efficiencies and production tonnage, especially if tin stays below $21000 for the foreseeable future...
MLX Price at posting:
26.0¢ Sentiment: Hold Disclosure: Held
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