Looks better than had expected. One important thing these reports dont show is how much tin has been produced but not sold yet, ie unrecognised asset, plus any accounts receivable for tin sold. Tin a cash value and it is an asset that is very liquid. Might write to the management and suggest some improvement in reporting. They are doing what is required but going further and showing the broader position including stock on hand and accounts receivable vs pending in the quarterly would be more informative.
The new resource delineation looks good too. There is a lot of life in the old mine yet it seems.
Have little doubt now that MLX will ride this out.
Topped up a while back.
MLX Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
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