Tin is a US$15bn market globally. Won't really move the needle very much for mining majors. Also, APAC & Co have a pretty tight control of the register. Doubt anybody can stage a hostile takeover against them. My best guess, Old Peak needs to raise some cash (for whatever reason) and there is a happy buyer around 30c. Time will tell (perhaps) who that is, but unlikely to have a material impact on MLX as a business.
MLX Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
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