I only know stuff from what I read and from what I read it was Chinese speculators that pushed tin down to $17k/t.
This was below the cost of 2/3rds of current producers and clearly an unsustainable price (for current producers let alone stacking up for new producers). These prices (which were also below MLX cost to produce) saw MLX in the 20's. It was only once the Sn price showed it was clearly moving higher that MLX decided to follow suit.
Some of us knew though that it was only a matter of time and 20's was a bargain. When you understand that between cash and shares owned MLX nearly has 20c ps worth of value alone, 24.5c was ridiculous.
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55.5¢

I only know stuff from what I read and from what I read it was...
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Last
55.5¢ |
Change
-0.025(4.31%) |
Mkt cap ! $491.9M |
Open | High | Low | Value | Volume |
57.5¢ | 57.5¢ | 55.0¢ | $1.518M | 2.715M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35000 | 55.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
56.0¢ | 117010 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 35000 | 0.550 |
3 | 28362 | 0.545 |
6 | 32680 | 0.540 |
5 | 98445 | 0.535 |
3 | 20950 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.560 | 117010 | 2 |
0.565 | 25010 | 1 |
0.570 | 25010 | 1 |
0.580 | 50000 | 1 |
0.585 | 9559 | 2 |
Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
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RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
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