1) $1.4m interest received by Cyprium on the convertible notes although they are in a trading halt 2) $1.0m interest received on $100m cash held in term deposits for the quarter alone. Expecting around $4.0m for the year 3) they seem to be getting on top of the talc and sulphur issue 4) improved tin production on prior Q 5) additional jumbo mobilised which should help future production 6) I see the divestment in NICO as a positive. Especially if they're selling the shares at a profit 7) improved tin pricing 8) marginal increase in C1 cash costs but expecting this to come down by mid year 9) back to achieving a positive net cashflow. I'm expecting a continued increase in cashflows as the sale of NICO shares will be realised next quarter along with increased tin pricing
Onwards and upwards for metals x from here if the tin price holds.
MLX Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
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