I ahouldn't answer serial pests like David has become on all...

  1. 3,445 Posts.
    I ahouldn't answer serial pests like David has become on all threads he visits, but his ridiculous statements deserve some mocking.

    "Your numbers on the tin project are completely wrong... They are worked out on current tin prices. That itself is called false economics."

    So right now MLX is selling tin and funnily enough receiving todays prices (excluding the valuable hedging they have in place). David thinks this is completely wrong. What price should we use - last years, 10 years ago? Arguably you could use forward prices so given this David please tell me the forward pe for MLX on for 09, '10 and mayby even '11. Please provide for both with and without Rentails (the additional tin project factored in for 2010).

    But let me guess your not the person to answer direct questions right?

    Also you could argue that commodities are being smashed, but are the fundamentals for tin different to other commodities. Please give pro's and con's for tin maintaining or decreasing in price. Sources and direct quotes to back you up would be nice. Things like stocks on hand, main producers that sort of thing.

    Should I hold my breath?
 
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2 20702 64.0¢
 

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Price($) Vol. No.
64.5¢ 163821 3
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