MYL 0.00% 70.0¢ mallee resources limited

Ann: Zinc - Myanmar, page-45

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  1. 48,997 Posts.
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    Todays action was a such a pro soak, as soon as they knew they couldnt get anymore at one level, they would just start buying the next, there were a few tests for supply once it got past that 5.8 area, but once it did it really set a solid base now on volume at 6 cents and above.

    Given the fundamentals and folk who are backing this project and what appears to be a pretty tightly held register. This will see 10 cents especially on news which is expected ST.

    TNDO offer excellent leverage for this play with the 2.4 year expiry date. Already offered 1 bag with many more to come over the next 3-6 months IMO

    I will not be surprised to see this have a crack at that 7.3 area tomorrow, follow by some consolidation around this area pending news.

    TND.png
 
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