While the price of tin is rising and the tin announcements keep coming we are getting nearer to Wingellina coming into production.
MLX has a HUGE future. It is a safe giant stock that is still .30c and you can bet it isn't going to stay that way right until the date of production. Stocks don't work that way. The value of Wingellina is going to be priced into the sp with each hurdle passed.
"Wingellina is nowhere near production".
Wingellina has milestones and as they are met the sp will rise. This gives greater value to this stock than to other stocks. MLX will rise on tin as the largest ASX producer should. As well, Wingellina will meet it's environmental approvals and begin to be rerated by the market. Wingellina is not priced in to the sp. Enjoy the ride with MLX for tin knowing that you are building toward an eventual rerating wit $35 billion in nickel on your side!
Newminer. Newminer
MLX Price at posting:
31.5¢ Sentiment: Buy Disclosure: Held
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