biggest and possibly richest tin mine on asx, page-5

Straight out of last weeks announcement:

"Metals X is Australia?s only significant tin producer and one of a very few publicly listed tin producers in the world.
Metals X?s 50% owned Renison mine currently produces approximately 2.5% of the global tin supply and is expected to produce approximately 8,000t of tin metal in the current financial year at a cash operating cost
of AUD$ 10,350/t.

The LME tin price is approaching record highs currently trading at USD$23,400/t and is widely forecast to increase as a result of supply shortages."

Also interesting that the sp has not really priced in the value of that last announcement. Everyone is only just becoming aware of the need for tin. As Australia's largest tin company this will be the first place the masses start to look. Brokers should be looking into this stock as more news about the world tin shortage continues. There will be no more new mines for four years and MLX is already in production.

NM