I think it was thrown into the last quarterly that improvements or at least advancements had been made with magnetic separation (reactivated?) and acid storage facilities for leaching, but I don't have any detailed knowledge of what optimal production looks like in terms of tonnages or if this gives them an option to increase production, or, just allows them to deal with lower grade ore and contaminants.
My angle is more around the SRZ higher grades (but lower volumes) and how this would fit hand in glove with Renison who in the last quarterly were seeing a higher AISC than the prices realised in a low Sn price environment. I feel like they could really strip back the AISC if they were processing higher grade ore whilst the Sn price finds its level. That said, the Myanmar situation playing out in coming months is probably going to have just as much if not more of an impact on the Sn price.
MLX Price at posting:
31.5¢ Sentiment: Hold Disclosure: Held
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